13 December 2012 10:04 AM, PST | EW.com - PopWatch | See recent EW.com - PopWatch news »

After a few missteps, Britney Spears is officially back in the running for the title of queen of pop. The songstress is this year’s highest-earning woman in the music industry, according to Forbes.

The pop star earned $58 million between May 2011 and May 2012, thanks to her Femme Fatale platinum album and tour, as well as side endorsements and a fragrance line.

Spears barely edged out Taylor Swift, who reeled in $57 million. The breakup queen’s financial success can be attributed to her recent tour, which grossed over $1 million per night. Like Spears, she also banked on endorsements with CoverGirl and Sony. »


- Maane Khatchatourian

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