Current:Home > StocksIt's official: Taylor Swift's Eras Tour makes history as first to earn $1 billion -ProfitPioneers Hub
It's official: Taylor Swift's Eras Tour makes history as first to earn $1 billion
View
Date:2025-04-15 19:45:48
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! (8)
Related
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Inflation is reshaping what employees need from their benefits: What employers should know
- Evers finds $170M in federal dollars to keep pandemic-era child care subsidy program afloat
- Palestinian mother fears for her children as she wonders about the future after evacuating Gaza City
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Celebrate Disney's Big Anniversary With These Magical Facts About Some of Your Favorite Films
- Australia looks for new ways to lift Indigenous living standards after referendum loss
- College athletes are fighting to get a cut from the billions they generate in media rights deals
- Beware of giant spiders: Thousands of tarantulas to emerge in 3 states for mating season
- Powerful earthquake shakes west Afghanistan a week after devastating quakes hit same region
Ranking
- Eva Mendes Shares Message of Gratitude to Olympics for Keeping Her and Ryan Gosling's Kids Private
- Best Buy set to stop selling DVD and Blu-ray discs
- What is saffron? A beneficial, tasty, and pricey spice
- Greece’s ruling conservatives suffer setbacks in regional, municipal elections
- Giants, Lions fined $200K for fights in training camp joint practices
- Taylor Swift cheers on Travis Kelce again as Eras Tour movie debuts
- Pete Davidson talks on 'SNL' about Israel-Hamas war and losing his dad on 9/11
- What is saffron? A beneficial, tasty, and pricey spice
Recommendation
Mega Millions winning numbers for August 6 drawing: Jackpot climbs to $398 million
Connecticut postmaster pleads guilty to fraud in $875,000 bribery scheme with maintenance vendor
Separatist Bosnian Serb leader refuses to enter a plea on charges that he defied the top peace envoy
Full transcript of Face the Nation, Oct. 15, 2023
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Norway’s prime minister shuffles Cabinet after last month’s local election loss
Scientists built the largest-ever map of the human brain. Here's what they found
Buffalo Bills hang on -- barely -- in a 14-9 win over the New York Giants