Taylor Swift is set to make $4.1 BILLION from the Eras Tour – as total takings are predicted to rake in enough to send every American a $20 bill
Taylor Swift‘s lucrative Eras Tour is set to net the star a staggering $4.1 billion – the most an artist has ever made from a single tour in history.
The singer’s earnings solely from her worldwide tour are the equivalent of the economic output of 42 nations, according to estimates over her wealth from Peter Cohan, an associate professor of management at Babson College, cited by the Washington Post.
Swift’s record-breaking tour has also poured billions more into the US economy, with the huge production leading to extensive travel, ticket sales and merchandising opportunities for her legions of ‘Swifties.’
Her massive paycheck is also set to expand as the Eras Tour film hits theaters this weekend, which raked in over $80 million in advanced sales before even landing on the big screen.
Taylor Swift is set to earn a staggering $4.1 billion from her record-breaking Eras Tour
Taylor Swift announces concert film for hugely successful Eras Tour
Swift’s windfall is primarily thanks to her share of the revenue from her tour, which is estimated to be the industry-standard 85 percent.
Average ticket prices stand at around $450, a hefty sum that has fueled a record-earning run for the 33-year-old as she packs out stadiums across the globe.
Ticket sales may make up the lions share of the revenue, but the impact on the wider economy has also been tallied at around $93 million per show.
The figure was determined by software company QuestionPro, with answers from online surveys combined with concert attendance numbers.
An expensive mix of tickets alongside merchandise, travel, food, hotels and specialized Era-outfits have seen the army of Swifties flood the economy with cash.
In total, the Eras Tour is estimated to have created a $5.7 billion boost to the US economy, enough to hand out $20 to every person in the country.
All eyes were on Taylor when she arrived at the Grove on Wednesday for the Eras Tour concert movie premiere
Despite her busy schedule, the Bad Blood songstress has also made time to attend her boyfriend Travis Kelce’s football games
Taylor Swift fans scream and weep while taking selfies with star
‘Swift and her ‘Eras’ tour have redefined entertainment economics,’ Chris Leyden, director of growth marketing at SeatGeek, told the Washington Post.
Ticketmaster notoriously crashed after the tickets were first put up for sale in November – at a much-diminished $49 – as millions of fans scrambled to land a seat.
The average ticket resale price on SeatGeek stands at $1,611.
Her economy-driving concerts were even noted by city leaders across America, who lauded her for adding hundreds of millions to their local finances.
In her home state of Pennsylvania, the Federal Reserve Bank of Philadelphia cited her in a financial report after they saw a significant surge in hotel revenue back in May.
Cincinnati saw a $48 million boost, according to the Cincinnati Regional Chamber’s Center for Research and Data, while Los Angeles estimated an additional $320 million thanks to the six shows she performed in the city.
And when she stopped in Kansas City in July – the site of her boyfriend Travis Kelce’s Chiefs football team – the tourism board said the city received $48 million.
Takings from Ms Swift’s film are projected to reach £196 million during its month-long run. The tour itself is forecast to be the highest-grossing of all time
It comes as she is set to smash more records with her Eras tour movie, which raked in more than $80 million in advanced ticket sales.
The film, which captures her 52-stop tour across America, is projected to take home $196 million in its month-long run in theaters.
But the megastar has bypassed Hollywood’s movie distributors by cutting them out of a deal to show the film. She instead reached an agreement directly with cinema chains.
The star wanted to get her film into cinemas quickly to satisfy huge demand from fans. But as a result of Hollywood’s writers’ and actors strikes studios were suggesting a launch as late as 2025.
News
Internet Booming: Who is more well-known, Kim Kardashian or Taylor Swift?
Internet Booming: Who is more well-known, Kim Kardashian or Taylor Swift? Taylor Swift and Kim Kardashian are two of the most well-known figures in Hollywood. Kim Kardashian…
Taylor Swift and boyfriend Travis Kelce are offered $1M couple’s package to party at Las Vegas strip club after Super Bowl if Kansas City Chiefs win
Taylor Swift and boyfriend Travis Kelce are offered $1M couple’s package to party at Las Vegas strip club after Super Bowl if Kansas City Chiefs win On…
“Your negativity is no match for my positive energy” and “You can’t bring me down when I’m already standing tall.” Taylor Swift slams NFL fans for their ugly criticisms against her and her BF
“Your negativity is no match for my positive energy” and “You can’t bring me down when I’m already standing tall.” Taylor Swift slams NFL fans for their…
” It only took one look to know you were going to be my wife. I thank God every day that I listened to my gut ” Travis Kelce Teary-Eyed Gives Girlfriend Taylor Swift a Shoutout ” Thankful for coming into my life”
” It only took one look to know you were going to be my wife. I thank God every day that I listened to my gut ”…
Why Travis Kelce Can’t Support Taylor Swift at the Grammys: All About His Super Bowl Schedule
Why Travis Kelce Can’t Support Taylor Swift at the Grammys: All About His Super Bowl Schedule Travis Kelce is staying focused on the Kansas City Chiefs’…
Travis Kelce Hails Brother and His Wife Jason and Kylie Kelce as they Arrive Los Angeles to CHEER on Taylor Swift, for Grammy Award 2024
Travis Kelce Hails Brother and His Wife Jason and Kylie Kelce as they Arrive Los Angeles to CHEER on Taylor Swift, for Grammy Award 2024 In…
End of content
No more pages to load