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Taylor Swift

Taylor Alison Swift is an American singer-songwriter. She is known for narrative songs about her personal life, which have received widespread media coverage. At age 14, Swift became the youngest artist signed by the Sony/ATV Music publishing house and, at 15, she signed her first record deal.

Her 2006 eponymous debut album was the longest-charting album of the 2000s in the US. Its third single, "Our Song", made her the youngest person to single-handedly write and perform a number-one song on the Billboard Hot Country Songs chart. Swift's second album, Fearless, was released in 2008.

Buoyed by the pop crossover success of the singles "Love Story" and "You Belong with Me", it became the US' best-selling album of 2009 and was certified diamond in the US. The album won four Grammy Awards, and Swift became the youngest Album of the Year winner.

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Taylor Swift’s Eras tour to become the most lucrative in history

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Taylor Swift’s Eras tour is set to become the most lucrative tour in music history.The stadium-filling shows, which kicked off in March and are set to run until late 2024, are projected to raise a total of $5.7 billion, which would be enough to send everybody in the US $20.The estimate, cited by the Washington Post, comes from Peter Cohan, an associate professor of management at Babson College in Massachusetts.

The numbers suggest that Swift’s income from the tour would be larger than the annual GDP of 42 countries in the world.The income is also set to be boosted by the release of Taylor Swift: The Eras Tour, an official concert film that was released in cinemas yesterday (October 13).

The film took more than $80 million in advanced ticket sales and is projected to raise $196 million during its theatrical run.The record-breaking tour is having a significant impact on the US economy too, with ticket sales, merchandising and travel all contributing to the overall total.

The software company QuestionPro has calculated that each show raises around $93 million for the local economy.The average ticket price for one of the 33-year-old’s shows stands at around $450, and Swift herself is estimated to receive as much as $4.1 billion from the tour in total.“Swift and her ‘Eras’ tour have redefined entertainment economics,” said Chris Leyden, director of growth marketing at the ticket retailer SeatGeek, in an interview with Washington Post.

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