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QUEEN of Music: Taylor Swift Boosts City Economy by 16 Trillion, Fills 90% of Hotels, and Skyrockets Airline Profits
QUEEN of Music: Taylor Swift Boosts City Economy by 16 Trillion, Fills 90% of Hotels, and Skyrockets Airline Profits
Taylor Swift is currently the “King Midas” of the music industry, the most influential pop culture icon in the world. The female singer keeps creating records and then breaking them herself. For example, most recently, the owner of the hit You Belong With Me just broke the record for the female artist’s concert with the largest audience in the past decade. Up to 96,000 spectators joined in singing with Taylor Swift at the Melbourne Cricket Ground, Australia during one night of the show. However, this is not the only huge number about this record-breaking performance
Taylor Swift performed 3 concert nights with a total audience of up to 288,000 people. During the last show, the female singer could not hide her excitement: “96,000 people on the first night, 96,000 people on the second night, 96,000 people tonight. This is the biggest show of this tour and you guys have contribute to helping this miracle happen three times.”
According to Forbes Australia, Taylor Swift’s 3-night concert helped the city of Melbourne bring in economic benefits of up to 653 million USD (about 16,000 billion VND). The mayor of this city said that each year Melbourne earns about 2.1 billion USD (51,500 billion VND) in economic efficiency from concerts, and Taylor Swift alone accounts for 1/3 of this amount. The economic impact even extends beyond the city, positively affecting the whole of Australia.