Re: U2 lose millions in investments - article


Robbie Robinson ([email protected])
Mon, 13 Jul 1998 21:07:17 -0700


Hannah Kidson wrote:
> The Sunday Times Rich List gave their net worth as 367m, based
> partly on 3 each for each of their 76m album sales.

Their estimate might be a lot off. I've read in other financial
articles that they made $10 per sale (a lot more than 3 pounds)
because:

> McGuinness said: "They are now in the best position of any band
> ever, in that they own all their own copyright and master recordings."
>
> Hope that was interesting for someone!
> from Hannah

It is, if they get their facts right.

Robbie



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