Black Sabbath to earn $160 million through their reunion

Black Sabbath are set to gain approximately $160 million through their reunion tour that will take place next summer. Members of the band – who have reunited last Friday – already revealed that they will headline 2012's Download Festival, and then hit the road.

Black Sabbath also unveiled plans to record new album. According to bassist Geezer Butler, they already have "seven or eight" tracks written. "Back to the old Black Sabbath style and sound. The stuff that we've been playing is absolutely brilliant", said he.

Black Sabbath formed in Birmingham in 1968. The band released eight albums with original line-up – Black Sabbath, Paranoid, Master Of Reality, Black Sabbath Vol. 4, Sabbath Bloody Sabbath, Sabotage, Technical Ecstasy and Never Say Die! – before Ozzy Osbourne left in 1973.