Over the past 12 months, Noel and Liam Gallagher earned a staggering £5.4 million in royalties from Oasis‘ back catalogue. The brothers have not played together since their split after the infamous Paris gig of 2009, following a backstage bust-up between the pair.
Thanks to their companies Big Brother Recordings and Oasis Merchandising Ltd, the band are still raking in the cash. All of this, despite not playing together in 11 years, or releasing a record since 2008’s Dig Out Your Soul.
A source told The Sun newspaper’s Bizarre column: “The figures are incredible given Noel and Liam haven’t had a record out together for over a decade. It’s a testament to Oasis’s superband status.
“In an age where people can stream their music for free or just watch it on YouTube, it shows people are still willing to buy their records. And that’s great for the boys’ already sizable bank accounts.
“They’ve got to be one of the most profitable duos that can’t stand to be in a room together.”
In 1999, Oasis manager Alan McGee quit his iconic Creation Records to launch the new label Poptones. This led to Big Brother Recordings acquiring the rights to the Oasis back catalogue.
The Oasis feud has rolled on since their split
The story of the Gallagher brothers’ love for one another is not an unheard one, by any means. Liam (48) and Noel (53) continue to tell the story on a weekly basis of how one brother let the other down. The latest being Liam claiming his older brother turned down £100 million for an Oasis reunion tour.
The Shockwave singer revealed Oasis were close to reuniting for a run of gigs, shortly after their split. However, Noel was unwilling to get back together for the shows. Liam recently appeared on The Johnathan Ross Show to perform his new single “All You’re Dreaming Of” and vented his frustration.
“When someone offers you 100 million pounds to do a few gigs and that man, you’re going to go, ‘Alright then yeah…’ there was a lot of money knocking about. It was 100 million pounds to do a tour and that and I’m thinking, ‘I’m not a d***head, know what I mean? I’ll have a bit of that.’
“He’s not into it is he? He’s after a knighthood isn’t he?”