Simon Morgan, prosecuting, said: "Joss Stone associates with members of the Royal family.
"Her concerts have been attended by members of it and she was invited to the Royal wedding at the very end of April that year. Hence she became a target."
The pair researched Stone by watching a programme she made about her previous home in Devon for a series on the MTV channel called Cribs, in which celebrities invite a camera crew to look around their palatial houses, the court heard.
Mr Liverpool also used a computer in his local library to Google information about her and other stars.
The prosecutor said: "The notebook deals with music artists. Perhaps he wasn't sure whom to choose but he settled on Joss Stone.
"He found out quite a bit about her. He knew she had made money. He obviously decided to concentrate on her."
In 2008 Stone moved to a house in Ashill, near Cullompton in Devon. Her worldwide touring schedule meant she was often away, but she was at home when Mr Liverpool and Mr Bradshaw allegedly sought to carry out their murderous plot.
Stone, whose hits include Fell In Love With A Boy and Super Duper Love, first came to fame in 2003 as a small-town teenager with a big, soulful voice, showcased on her bestselling debut album "The Soul Sessions".
Her fortune was estimated at £10 million in last year's Sunday Times Rich List.
Mr Liverpool and Mr Bradshaw deny charges of conspiracy to murder, conspiracy to cause grievous bodily harm and conspiracy to rob between January and June 2011.
The trial continues.
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