Taylor Swift has added another feather to her cap. The singer-songwriter has now attained billionaire status, with her net worth touching $1.1 billion. According to Bloomberg, what helped her get there is her record-breaking Eras tour. The news comes on the eve of the release of “1989 (Taylor’s Version)”, the fourth album by the singer-songwriter. Bloomberg mentioned that Swift is one of the few entertainers to reach this status based solely on her music and live performances.
Meanwhile, Swift’s concert film, “Taylor Swift: The Eras Tour”, raked in about $96 million at the box office in the United States and Canada. This achievement made it the highest-grossing concert film domestically for an opening weekend, as reported by AMC.
The Eras tour has the potential to gross $2.2 billion in North American ticket sales alone. This data comes from an August survey by the research firm QuestionPro, which was accessed by CNN.
On Friday, Taylor launched the re-recorded version of one of her biggest albums. It features re-recordings of all-time hits including “Welcome to New York”, “Style”, “Blank Space”, “Out of the Woods”, “Shake it Off”, and “Bad Blood”. Additionally, the album includes five unreleased songs that did not make it to the initial release.
Bonus:
- Taylor Swift’s Eras Tour is not only a financial success but also a significant milestone in her illustrious career. It has been reported by multiple sources, including Bloomberg and The Guardian, that the tour played a pivotal role in catapulting her to billionaire status.
- Historically, very few concert films have achieved the kind of success that “Taylor Swift: The Eras Tour” has. It stands as one of the highest-grossing concert films, especially for an opening weekend in the U.S. and Canada.
- The Eras Tour’s potential to gross $2.2 billion in North American ticket sales alone showcases the immense popularity and demand for Taylor Swift’s live performances.
- The re-recorded version of “1989” is part of Taylor Swift’s endeavor to regain control over her master recordings. This move has been met with widespread support from fans and has added another layer of anticipation for the album’s release.
Backstory:
- Taylor Swift has been in the music industry for over a decade and has consistently been a top-selling artist. Her journey from a country singer to a global pop icon is a testament to her talent, adaptability, and connection with her fans.
- The concept of re-recording albums is not new, but Taylor Swift’s approach to it, coupled with the reasons behind it (disputes over her master recordings), has brought it to the forefront of industry discussions.
Similar Instances:
- Other artists, such as Prince and Paul McCartney, have faced issues with ownership of their master recordings in the past. However, Swift’s proactive approach to re-recording her albums is unique and has set a precedent for artists’ rights in the music industry.
Relevant Stats:
- Taylor Swift’s Eras Tour concert film raked in about $96 million at the box office in its opening weekend in the U.S. and Canada.
- The Eras Tour has the potential to gross a staggering $2.2 billion in North American ticket sales alone.
