The recent show of Taylor Swift at the “Taylor Swift | The Eras Tour” event which took place at SoFi Stadium on August 9, 2023 in Inglewood, California is generating quite a stir. Her massive fan base has resulted in an upsurge in stock prices in both America and Europe.
CTS Eventim AG experienced a remarkable surge in their stocks last Thursday following the announcement that the ongoing pre-sale of tickets for Taylor Swift’s The Eras tour will boost their earnings. On Friday, AMC Entertainment Holdings Inc. revealed that they have sold over $100 million worth of advance tickets for the concert film, causing their shares to rise up to 5.7%.
According to AMC, the excitement for the upcoming Taylor Swift The Eras Tour concert film has been off the charts since it was first announced. In fact, they revealed that they have received the most ticket sales in a single day than they ever have before in their 103-year history, and this was just one day after the film’s release.
According to Bloomberg Economics, the devoted admirers of Taylor Swift called “Swifties” and Beyoncé fans have made a significant contribution of $5.4 billion to the US economy in Q3, thanks to their spending on concert tickets, food, flights, and hotels. The average cost for a Swiftie to attend one of Taylor Swift’s concerts is approximately $1,500.
Mark your calendars for October 13 as the concert film of Eras Tour is set to hit more than 8,500 theaters across the globe. Following the successful first US tour leg that attracted over 3 million Swifties, Taylor Swift’s performances are expected to rake in a whopping $1 billion worldwide. Don’t miss the chance to catch this eagerly-awaited film on the big screen near you!