Biggest Celebrity Paydays Of 07
12/26/2007
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(antiMusic) Forbes has released their ' The Biggest Celebrity Paydays Of 2007' and among those listed are Howard Stern who probably isn't missing his old style radio gig- Sammy Hagar who managed to make a nice payday while his former bandmates are cashing in on the road and the now unemployed Jay-Z, who helped signify that marketing and merch are far more important in the music business today than the music. Here are some highlights:Former Van Halen front man Sammy Hagar pocketed $80 million in May when Gruppo Campari, maker of Campari and Skyy vodka, bought the rocker's Cabo Wabo tequila brand in May. Radio shock job Howard Stern, who topped last year's list, ranks No. 3 this year thanks to the $82 million stock bonus he earned from his bosses at Sirius for boosting subscriptions for a second year in a row. Celebrity-owned businesses proved extremely lucrative last year. Jay-Z banked $82 million (before taxes) when he sold his urban apparel line Rocawear to Iconix Brand Group in a deal topping $204 million. - Check out the full list 
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