Led by Beyonce and Taylor Swift, whose “Eras Tour” was the primary to usher in greater than $1 billion, ticket revenues from the highest 100 live performance excursions of 2023 jumped to a document $9.17 billion, business journal Pollstar mentioned.
Total gross sales for the 2023 excursions (stretching for a 12 months ranging from mid-November 2022) skyrocketed 46 % as in comparison with the earlier 12 months, which was additionally a document.
“2023 was a colossus, the likes of which the live industry has never before seen,” Pollstar mentioned on its web site.
All metrics confirmed will increase: the common income from a live performance was up 53 % to $2.37 million; whole ticket gross sales rose 18 % to 70 million; and common ticket costs had been up greater than 23 % to $130.81.
Swift’s tour broke new floor, changing into the primary in historical past to surpass the symbolic $1 billion mark in ticket gross sales in 60 dates from March to November 2023.
But Pollstar predicted that the pop megastar, named Time journal’s Person of the Year on Wednesday, may go the $2 billion mark by the point the tour ultimately wraps up.
The just one to have come near a billion up till now was Elton John, whose marathon “Farewell Yellow Brick Road Tour” — 328 dates over 5 years — raked in $939 million.
Beyonce took in $579 million over 56 dates for her “Renaissance Tour” for second place in 2023, whereas Bruce Springsteen, Coldplay and Harry Styles rounded out the highest 5.
Pollstar famous that this was the primary time in 15 years, when Madonna and Celine Dion dominated the rankings in 2008, that two ladies had been on the prime of the rankings, calling it “an extremely positive sign for this industry.”
“The duo not only smashed the glass ceiling but created a more inclusive roof in their wake,” Pollstar mentioned.
The outlook for 2024 seems to be promising, with extra concert events from Swift, Springsteen and Coldplay, plus excursions from the Rolling Stones, Foo Fighters and Carrie Underwood.
© 2023 AFP