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| Credit: Taylor Swift/Instagram |
The jaw-dropping calculation comes from Peter Cohan, a renowned educator at Babson College in Massachusetts, who crunched the numbers for The Washington Post. Taylor's estimated earnings surpass the combined profits of many nations, making her tour a substantial economic force.
Aside from the incredible ticket sales, Taylor's merchandise sales have contributed significantly to this astronomical figure. Additionally, hotels in cities hosting her concerts have seen a boost of $208 million in revenue, considering most fans extend their stays.
The impact of Taylor's tour on local economies is undeniable. Her 6 shows at SoFi Stadium in L.A. injected a whopping $320 million into the county's economy. Denver experienced a $140 million boost, while Kansas City and Cincinnati each gained $48 million from her performances.
In a generous move, Taylor has shared her wealth by distributing over $50 million in bonuses to her concert crew. Even the truck drivers hauling her tour equipment have received additional bonuses, totaling $100,000 each.
But that's not all—Taylor's financial success is set to soar even higher. Her 'Eras Tour' concert movie, recently released in theaters, has generated unprecedented demand, with presales eclipsing $100 million worldwide. As fans continue to flock to theaters, Taylor Swift's legacy as a music industry powerhouse only continues to grow. Stay tuned for more updates on this historic musical journey!
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