NEW YORK – Led by Beyonce and Taylor Swift, whose “Eras Tour” was the first to bring in more than US$1 billion, ticket revenues from the top 100 concert tours of 2023 jumped to a record $9.17 billion, an industry magazine 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% to $2.37 million; total ticket sales rose 18% to 70 million; and average ticket prices were up more than 23 percent to $130.81.
Swift’s tour broke new ground, becoming the first in history to surpass the symbolic $1 billion mark in ticket sales in 60 dates from March to November…
