32.4 C
Bangkok
Friday, May 3, 2024

Led by Taylor Swift’s $1 bn tour, 2023 concerts set new record

Those images courtesy of TIME/TIME Person of the Year obtained on December 6, 2023, shows the covers of Time magazine announcing the 2023 Person of the Year with US singer-songwriter Taylor Swift. //AFP

New York, United States – Led by Beyonce and Taylor Swift, whose “Eras Tour” was the first to bring in more than $1 billion, ticket revenues from the top 100 concert tours of 2023 jumped to a record $9.17 billion, industry magazine Pollstar said Friday.

Total sales for the 2023 tours (stretching for a year starting from mid-November 2022) skyrocketed 46 percent as compared to the previous year, which was also a record.

“2023 was a colossus, the likes of which the live industry has never before seen,” Pollstar said on its website.

All metrics showed increases: the average revenue from a concert was up 53 percent to $2.37 million; total ticket sales rose 18 percent to 70…

Read more…

Latest Articles