Connect with us

CELEBRITY

MY LOVE FOR HER IS NOT ABOUT MONEY Travis Kelce BLASTS fans at Era Tour As Taylor Swift make a JAW BREAKING Announcement Swifties has been waiting for…

Published

on

Taylor Swift and Travis Kelce in unique wears

 

 

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.

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.

 

Taylor Swift and Travis Kelce at the river side

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.

Taylor Swift and Travis Kelce at Cannabis Wedding

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.

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.

Travis Kelce and Taylor Swift smiles,

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.

Taylor and Travis laughing while Kayla Nicole Laughing at them
CELEBRITY1 week ago

“NO MEDAL FOR YOU” Travis Kelce Receives Hilarious Gift from Hollywood Celebrity after Super Bowl Defeat that got Kayla Nicole laughing…

travis Kelce dinner with kayla Nicole
CELEBRITY1 week ago

WATCH: Travis Kelce compares the Super Bowl defeat to one of his dinner with Kayla Nicole

Donna kelce performing rituals
CELEBRITY1 week ago

Travis Kelce was disappointed In Donna Kelce’s ritual before Super Bowl game that Almost Splits Kelce’s family

Patrick Mahomes in tears on pitch
CELEBRITY2 weeks ago

JUST IN: Patrick Mahomes set to miss Superbowl After his wife Brittany Mahomes battling with Incurable Diseases after baby birth

Donald Trump with Taylor Swift and Travis Kelce
CELEBRITY2 weeks ago

WATCH: Taylor Swift Fans Have Thoughts About Travis Kelce Calling Donald Trump Attending their Wedding will be a ‘Great Honor’

Maculay Culkin and Brenda Song
CELEBRITY3 weeks ago

Macaulay Culkin and Brenda Song are generation-defining child stars who rose to fame as Kevin McCallister and London Tipton. Several decades later, the two also happen to be madly in love. For Cosmo’s Love Issue, the two open up about their relationship in a way they never have before

William Moldt and his car
CELEBRITY3 weeks ago

HEARTBREAKING: A man who had been missing since 1997, was unexpectedly discovered thanks to Google Earth and…. see more

Keanu Reeves at Supermarket
CELEBRITY4 weeks ago

Heartwarming moment between Keanu Reeves and young superfan at supermarket goes viral don’t skip without giving him some love…See more

Keanu Reeves in matrix
CELEBRITY4 weeks ago

SHOCKING: Keanu Reeves’ most heartbreaking acts of kindness occurred during the filming of the Matrix

Joy Behar crying
CELEBRITY4 weeks ago

BREAKING NEWS: Joy Behar fined $50 million and loses major contracts after calling Elon Musk a “bastard” on The View. Musk’s response left Joy Behar speechless.

Romeo with his grandma and dad
CELEBRITY1 month ago

World Reacts as 11-Year-Old Boy Walks 1,700 Miles In 93 Days From Italy To London To Meet His lonely 77-year-old grandma, who lived in another country, don’t skip without giving him some love…See more

Angelina Jolie and Brad Pitt with kids
CELEBRITY1 month ago

Hollywood celebrates Angelina Jolie and Brad Pitt as finally reached a settlement in their divorce 8 years after split…See more

Copyright © 2024 USApixell