Even in a year with high concert inflation, American musician Taylor Swift is reaching milestones. Swift, who is now on her “The Eras Tour,” reportedly makes more than $13 million (around 100 crore) per night.
Details on Taylor Swift’s Eras tour generates 100 crore rupees per night and is expected to be the most successful tour in music history
This puts Taylor Swift on track to produce the most successful concert tour in music history.
No artist has ever made more than $1 billion in sales, but Taylor Swift, also known as the Swifties, has a sizable and devoted fan base. The tour has made $300 million via 22 shows, claims Pollstar, a trade journal. She was slated to perform on more than 50 different occasions across the US before traveling abroad. Bloomberg cites Pollstar’s prediction that Eras might earn more than $1.3 billion.
This occurs just days after a drop in inflation in Sweden was attributed to Beyoncé’s concert in Stockholm. According to reports, a number of fans came from abroad to watch the performances because the tickets were less expensive and the Swedish krona was weak.
The typical Swift concert ticket, according to Bloomberg, costs $254. Seven of the 25 artists with the highest sales throughout the first half of the year also charge more than $200 per show. On the list are George Strait ($282), Bruce Springsteen ($224), and Phish ($206).
Notably, five years ago, Celine Dion and Britney Spears were the only two artists whose ticket prices exceeded $200. The most popular performer of that year, Ed Sheeran, could be seen for an average price of $89 per night.
The average cost of the 25 most popular excursions has since increased by $37. The increase, which amounts to around $13.60 after accounting for inflation, shows that ticket costs are increasing more quickly than average consumer prices.
Prior to 2018, practically all tickets ranged from $75 to $130, with a few acts charging more. There are now more top acts charging over $200 than top performers charging under $100.
Coincidentally, Swift’s most recent tour took place in 2018. Since the Reputation tour in 2018 and even further back to Speak Now in 2011, the following has happened to her pricing:
A Taylor Swift performance now costs $134 more. More than 1.1 million individuals have purchased tickets in spite of this.
