Current:Home > reviewsSongwriter, icon, mogul? Taylor Swift's 'Eras' Tour movie latest economic boon for star -CapitalCourse
Songwriter, icon, mogul? Taylor Swift's 'Eras' Tour movie latest economic boon for star
View
Date:2025-04-18 12:05:26
Always a surprise up her sleeve, Taylor Swift announced that her concert movie "Taylor Swift: The Eras Tour" is being released a day earlier than scheduled.
"Look what you genuinely made me do: Due to unprecedented demand we’re opening up early access showings of The Eras Tour Concert Film on THURSDAY in America and Canada!!" she wrote in a post on Instagram. "We’re also adding additional showtimes Friday and throughout the weekend. All tickets will be available by 10am tomorrow morning."
The "unprecedented demand" for the movie is just the latest demonstration of Swifties' dedication and spending power.
Swift may be one of the richest women in America, but here are some other stats that show what her fandom brings to the economy.
Opening day:Watching the world premiere of 'Eras Tour' movie with Taylor Swift felt like a dance party
Pre-sale for 'Eras Tour' film breaks record for AMC
"Taylor Swift: The Eras Tour" surpassed $100 million in global pre-sales and broke the theater's record for highest ticket sales revenue during a single day.
Only five films this year have grossed more than $100 million domestically in an opening weekend. Opening weekend will be another big moment, similar to "Barbenheimer" weekend, for movie theaters looking to welcome patrons back again after the pandemic.
The Swift effect: Rumored relationship with NFL player Travis Kelce boosts jersey sales and bets
Taylor Swift first made an appearance at the Kansas City Chiefs and Chicago Bears game on Sept. 24 amid rumors of a relationship with tight end Travis Kelce.
Since then, the Swift effect has been at play as she has attended one more game on Oct. 1 since her initial outing to cheer on Kelce.
Fanatics, a sportwear company, told TMZ that the Swifties are rushing to get their NFL gear.
Fanatics said Kelce's jersey sales jumped 400% after Swift's first appearance at the game.
Swifties might also be getting into betting, as the Chiefs and Kelce saw an uptick in bets after her appearance at the game with the Chicago Bears.
Football crossoverTaylor Swift fan's 'Fantasy Swiftball' game gives Swifties another way to enjoy Eras Tour
'Eras Tour' concert boosts the economy
Ticket trouble:Taylor Swift Ticketmaster debacle ramps up federal concerns, fans about tour tickets
Since starting on March 17, Swift's concert has helped boost the economy, bringing tourism revenue to cities around the country. Overall, it has generated $4.6 billion in projected consumer spending according to research company QuestionPro.
Individual cities also raked in big bucks from her tour stops:
- Los Angeles estimated $320 million increase in GDP from her six concerts there.
- Chicago saw record-breaking hotel occupancy, according to tour group Choose Chicago.
- Philadelphia Federal Reserve said that the "influx of guests" coming to see Taylor Swift played a large part in making May the strongest month of hotel revenue since the onset of the pandemic.
For ticket buyers:Did you profit big from re-selling Taylor Swift or Beyoncé tickets? The IRS is asking.
What is Taylor Swift's net worth?
$740 million as of June 2023.
Swift is ranked 34 on Forbes' list of America's Richest Self-Made Women. According to Forbes data, her 2023 net worth is up from $570 million in 2022.
Taylor Swift has more No. 1 albums than any other female artist
With her rerecorded release of "Speak Now (Taylor's Version)," Swift beat out Barbra Streisand for the most No. 1 albums on Billboard 200 of any female artist.
She has tied Drake with 12 top records, and sits a few behind Jay-Z who has 14 No. 1 albums and the Beatles who have 19.
She has been rerecording her old albums to reclaim her music after a fallout over the sale of her master recordings. "1989 (Taylor's Version)" comes out on Oct. 27.
Contributing: Bryan Alexander, Kate Perez, Jon Hoefling, James Powel, Natalie Alund, Isabelle Butera, USA TODAY; Associated Press
veryGood! (63)
Related
- Arkansas State Police probe death of woman found after officer
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Average rate on 30
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- 'Most Whopper
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
Ranking
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- 'Most Whopper
- 'Most Whopper
Recommendation
The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
Meta releases AI model to enhance Metaverse experience
North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all