Current:Home > FinanceIt's official: Taylor Swift's Eras Tour makes history as first to earn $1 billion -MarketStream
It's official: Taylor Swift's Eras Tour makes history as first to earn $1 billion
View
Date:2025-04-23 10:27:06
First, she performed a career-spanning 3 ½-hour show 60 times in stadiums around the world.
Then she became a billionaire.
And earlier this week she was christened Time magazine’s Person of the Year.
What else can Taylor Swift accomplish in 2023?
Oh, just spearhead the first tour in history to earn more than $1 billion.
Swift’s mega-sized Eras Tour, which kicked off March 17 in Arizona, took in an estimated ticket gross of $1.04 billion from 4.35 million tickets sold, according to music industry trade publication Pollstar. Swift’s accomplishment is the cherry atop a year that witnessed double-digit percentage growth in the live entertainment industry from Nov. 17, 2022 to Nov. 15, 2023.
Pollstar’s Year-End Special Issue calculates that the Top 100 North American tours – which include Beyoncé, Morgan Wallen, Ed Sheeran and Pink in the Top 10 – set a gross record with $6.63 billion, up from 2022’s $4.77 billion.
Worldwide Top 100 tours, meanwhile, increased 46% for a record-breaking gross amount of $9.17 billion (up from 2022’s $6.28 billion) and an attendance increase of 18.38% in total tickets sold, a difference of 70.1 million to 2022’s 59.2 million.
More:It was a great year for music. Here are our top songs including Olivia Rodrigo and the Beatles
"The live entertainment industry remains in the midst of a record-breaking Golden Era, marked by innovation and creativity, artist development, and a paradigm shift in fan experience,” said Ray Waddell, president of Oak View Group’s Media Conferences Division, which oversees Pollstar and its sister publication, VenuesNow.
Waddell pointed to U2’s groundbreaking production at the Sphere in Las Vegas as an example of the evolution of the live music experience.
Swift’s Eras Tour exemplified the connection between artist and fan, further demonstrated with the staggering $200 million Pollstar approximates that the superstar earned from merchandise sales throughout the tour. Pollstar is also projecting that Swift’s tour – which relaunches in Japan Feb. 7, traverses the world, then returns to the U.S. Oct. 18 in Miami – will again earn $1 billion in 2024, taking the tour’s total to more than $2 billion.
But of course Swift wasn't the only blockbuster tour this year. Pop queens Beyoncé and Pink were on the road, as well as country leading men George Strait and Morgan Wallen. Here's a look at the 10 biggest tours of the year:
Top 10 North American tours of 2023
- Taylor Swift*
- Beyoncé
- Morgan Wallen
- Drake
- Pink
- Bruce Springsteen & The E Street Band
- Ed Sheeran
- George Strait
- Karol G
- RBD
*Pollstar's estimate reflects actual boxoffice reports from the “Eras Tour,” combined with estimated tickets sold based on venue capacities, historical Pollstar venue ticket sales data, and other research.
More:Def Leppard, Journey team for stadium tour: 'We may have a surprise or two up our sleeves'
veryGood! (97931)
Related
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Effort to have guardian appointed for Houston Texans owner dropped after son ends lawsuit
- A work stoppage to support a mechanic who found a noose is snarling school bus service in St. Louis
- Da'Vine Joy Randolph on 'The Holdovers' and becoming a matriarch
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Horoscopes Today, February 25, 2024
- Pride flags would be largely banned in Tennessee classrooms in bill advanced by GOP lawmakers
- Book excerpt: What Have We Here? by Billy Dee Williams
- Don't let hackers fool you with a 'scam
- U.S. and U.K. conduct fourth round of joint airstrikes on Houthi targets in Yemen
Ranking
- North Carolina justices rule for restaurants in COVID
- US Army is slashing thousands of jobs in major revamp to prepare for future wars
- Burger chain Wendy’s looking to test surge pricing at restaurants as early as next year
- I Shop Fashion for a Living, and I Predict These Cute Old Navy Finds Will Sell Out This Month
- Trump's 'stop
- Indiana justices, elections board kick GOP US Senate candidate off primary ballot
- Patrick Mahomes, Travis Kelce and other Chiefs players party again in Las Vegas
- After AT&T customers hit by widespread outage, carrier says service has been restored
Recommendation
Meta donates $1 million to Trump’s inauguration fund
Federal Data Reveals a Surprising Drop in Renewable Power in 2023, as Slow Winds and Drought Took a Toll
Tennessee replaces Arizona as No. 1 seed in NCAA men's tournament Bracketology
See Who Will Play the Jackson 5 in Michael Jackson Biopic
B.A. Parker is learning the banjo
NFL mock draft 2024: Can question-mark QB J.J. McCarthy crack top 15 picks?
Former TV reporter, partner missing a week after allegedly being killed by police officer in crime of passion
Bill to set minimum marriage age to 18 in Washington state heads to governor