Current:Home > MarketsIt's official: Taylor Swift's Eras Tour makes history as first to earn $1 billion -Wealth Legacy Solutions
It's official: Taylor Swift's Eras Tour makes history as first to earn $1 billion
Algosensey Quantitative Think Tank Center View
Date:2025-03-11 07:32:49
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! (21)
Related
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Reena Evers-Everette pays tribute to her mother, Myrlie Evers, in deeply personal letter
- Jennifer Lopez Reveals How Her Latest Role Helped Her Become a Better Mom
- Colorado Anti-Fracking Activists Fall Short in Ballot Efforts
- Global Warming Set the Stage for Los Angeles Fires
- 3,000+ young children accidentally ate weed edibles in 2021, study finds
- Lessons from Germany to help solve the U.S. medical debt crisis
- Apple iPad Flash Deal: Save $258 on a Product Bundle With Accessories
- Why members of two of EPA's influential science advisory committees were let go
- Tips to keep you and your family safe from the tripledemic during the holidays
Ranking
- The White House is cracking down on overdraft fees
- Is lecanemab the Alzheimer's drug that will finally make a difference?
- FEMA Flood Maps Ignore Climate Change, and Homeowners Are Paying the Price
- Today’s Climate: August 28-29, 2010
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Rihanna's Latest Pregnancy Photos Proves She's a Total Savage
- Kendall Jenner Shares Cheeky Bikini Photos From Tropical Getaway
- EPA Agrees Its Emissions Estimates From Flaring May Be Flawed
Recommendation
Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
Taylor Swift and Matty Healy Spotted Holding Hands Amid Dating Rumors
EPA Won’t Investigate Scientist Accused of Underestimating Methane Leaks
Don't think of Africa as a hungry child, says a champion of Africa's food prowess
Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
Why Alexis Ohanian Is Convinced He and Pregnant Serena Williams Are Having a Baby Girl
Eminem’s Daughter Hailie Jade Shares Details on Her and Fiancé Evan McClintock’s Engagement Party
Video shows 10-foot crocodile pulled from homeowner's pool in Florida