Connect with us

CELEBRITY

EXCLUSIVE: Taylor Swift 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.

Published

on

EXCLUSIVE: Taylor Swift 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’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.

 

EXCLUSIVE: Taylor Swift 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.

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.’ 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. Swift is not the only one to take home a big payday thanks to the tour, with ticket resale sites such as SeatGeek able to inflate the prices of the tickets by several times thanks to the fervent mania of her fan base. ‘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.

BREAKING : Ellen DeGeneres and Whoopi Goldberg Head to England Leaves The US: “No Respect Here”..See more
CELEBRITY3 hours ago

BREAKING : Ellen DeGeneres and Whoopi Goldberg Head to England Leaves The US: “No Respect Here”..See more

BREAKING : Ellen DeGeneres and Whoopi Goldberg Head to England Leaves The US: “No Respect Here”..See more
CELEBRITY3 hours ago

CELEBRITY3 days ago

Breaking news: Mike Tyson hugged his face and cried not because he lost to Jake Paul but because he would have to… see more

CELEBRITY3 days ago

Breaking new : Miss Grand Myanmar gave up the crown as well as the title of 2nd runner-up Miss Grand International 2024, refused Mr. Nawat’s opportunity, proudly declaring: “Going to compete to… See More

CELEBRITY5 days ago

Just in: Hailey Bieber Praised by Dad for Aiding Justin Bieber Through Tough Times and make it clear that..See more

Breaking news: Travis Kelce announced that he’s leaving Elon Musk’s ‘Hate Machine’ X app, Calling it a ‘Toxic waste dump’ after his Scathing and Hurtful comments about Taylor Swift..See more
CELEBRITY7 days ago

Breaking news: Travis Kelce announced that he’s leaving Elon Musk’s ‘Hate Machine’ X app, Calling it a ‘Toxic waste dump’ after his Scathing and Hurtful comments about Taylor Swift..See more

Breaking new: Dennis Quaid Joins Roseanne Barr and Tim Allen’s New Non-Woke Actors’ Alliance…See more
CELEBRITY2 weeks ago

Breaking new: Dennis Quaid Joins Roseanne Barr and Tim Allen’s New Non-Woke Actors’ Alliance…See more

CELEBRITY2 weeks ago

Breaking news: Taylor Swift Hits Back After Being Critics Again About Her Public Drinking Habits At Cleveland Guardians and New York Yankees Game: “What I Do With My Life Is Nobody’s Business,” I’m a Grown Woman and I Have…See more

CELEBRITY2 weeks ago

just in: Shaquille O’Neal Issues Lifetime Ban On George Clooney From His Restaurant, Proclaims “No Wokeness Allowed” in t make it clear…See more

CELEBRITY2 weeks ago

Breaking news: Mel Gibson Takes a Stand: Confronts Oprah Winfreys Dark Side in Hollywood…READ MORE

CELEBRITY2 weeks ago

Just in : Kim Kardashian breaks down in Tears as 27 years old sister Kylie Jenner is confirmed Pregnant for Tom Brady, it was reveled that both where secretly dating and He has said that …See More

CELEBRITY2 weeks ago

Breaking news: Paris Jackson, the only child of Michael Jackson, has finally spoken up after 20 years of silence. And our suspicions were right..See more

Copyright © 2024 USAtells