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Tuesday, November 28, 2023

‘Eras Tour’ Concert Film Passes $250 Million Globally


Taylor Swift’s “Eras Tour” concert movie broke past $250 million in gross sales at the global box office on Monday, according to Forbes citing multiple reports, a milestone that eclipses the film’s $15 million budget as it nears the title for the most successful concert film of all time.

Thanksgiving weekend viewings brought the movie’s domestic gross to $178.2 million and its international gross to $71.8 million since its mid-October premiere, according to the Hollywood Reporter.

“The Eras Tour” now stands as the world’s 19th highest-grossing release of the year and the 11th biggest movie of the year in North America, surpassing the likes of “Mission: Impossible – Dead Reckoning Part One” ($172 million) and “Indiana Jones and the Dial of Destiny” ($174 million) at the domestic box office, according to Box Office Mojo.

The movie’s box office numbers make it the highest-grossing concert film ever in the U.S., though it’s still about $10 million behind the global box office numbers of Michael Jackson’s “This Is It,” which was released in 2009 shortly after Jackson died.

Swift will take home about 57% of ticket sales for her concert film, according to Variety. $305 million. That’s how much money Forbes estimates Swift earned from the first few months of the Eras Tour, which ran from March to August and spanned 56 shows.

“The Eras Tour” became the highest-grossing concert film in domestic box office history during its opening weekend in October, Variety reported, grossing $92.8 million. The nearly three-hour-long film depicts Swift’s performances during her shows at SoFi Stadium in Los Angeles, the final stop of her tour. The tour shattered commercial records and brought the buzz around the singer-songwriter to a fever pitch. Average ticket prices clocked in around $253 for the Eras Tour and created large economic impacts in the cities it took place in, going so far as to adding $5.4 billion to the U.S. economy in the third quarter, according to Morgan Stanley.

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