Taylor Swift Gives Bonuses Totaling Over $55 Million to Every Person Working on Massive Eras Tour
https://people.com/taylor-swift-gives-bonuses-totaling-55-million-every-person-working-eras-tour-7568556Open linkView original on chat.maiion.comhttps://people.com/taylor-swift-gives-bonuses-totaling-55-million-every-person-working-eras-tour-7568556Open linkView original on chat.maiion.com
That’s super cool. Also, Jesus Christ how much money has that tour made??? Anyone want to take a crack at the napkin math?
Maybe 500 million to a billion?
Yeah you’re on it.
https://www.billboard.com/pro/taylor-swift-eras-tour-ticket-sales-who-gets-paid/
And that’s just for the 52 US tour shows. Then it will be 131 shows for the US + world tour?
So yeah it should be over $1B in total tickets. Wow
Ok $1B in ticket sales, minus how much it costs to produce the tour?
I found something that says she makes $5-7 million per show on tickets alone, plus 85% of mercy sales. Let’s say at the minimum $5 million times 131 shows worldwide = $655 million. Billboard estimates $581 million total ticket sales for the US alone. Unclear how much of the ticket revenue goes directly to Taylor.
Regardless, these bonuses are ~10% of the US total ticket revenue.
Her music isn’t my thing. But damn, I have serious respect for her success and her selfless behavior.
https://www.marketplace.org/2023/05/19/taylor-swifts-tour-is-boosting-business-near-venues-but-the-singers-the-big-winner/
https://www.billboard.com/pro/taylor-swift-eras-tour-ticket-sales-who-gets-paid/
She played two nights in my city, and the estimate was that the tour brought almost $100 million to the local economy. Probably mostly for accommodations, but the Swifties were definitely also out at restaurants and bars. If nothing else, a decent chunk of change in sales taxes over that weekend.
Not impressed, they made a killing extorting the American public or her fans over ticket prices etc. ticket master live nation etc, it's my tin foil hat theory the mafia is envoled with a price fixing scheme.
Ticketmaster is modern mafia. Except monopolies and capitalism. Or, including monopolies and capitalism.