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Tina Knowles praises Beyoncé and Taylor Swift for boosting the economy. See how much their tours have made

Tina Knowles is celebrating two of 2023’s hottest tickets — Beyoncé’s “Renaissance Tour” and Taylor Swift’s “Eras Tour.”

On Instagram , Knowles shared a screenshot of a Facebook post from New York Times , which linked out to an article that detailed the economic and cultural impact of her daughter Beyoncé’s tour.

In the caption of her post, Knowles wrote, “This is so awesome ! To b able to stimulate the economy is no small feat! @beyonce.”

Knowles also gave a sweet nod to Swift in her caption, adding, “And ! @taylorswift ! Just being young women and being able to say this , is so awesome!!! Proud of them both !”

Beyoncé and Swift’s tours overlapped in the United States during the summer. Both were a pop culture sensation, with social media platforms inundated by various trends coming out of each tour.

For Swift’s “Eras Tour,” friendship bracelets and DIY themed costumes became the norm while Beyoncé’s “Renaissance” world tour birthed the “mute” challenge and had concertgoers following her request for a silver theme in celebration of Virgo season.

With Beyoncé’s tour wrapping up on Oct. 1 and Swift’s on-going tour resuming Nov. 9 in Argentina, both tours have already generated millions of dollars along the way.

Read on to learn more about each tour's economic impact.

How much has the “Renaissance Tour” made?

Beyoncé’s “Renaissance Tour” kicked off May 10 in Sweden and will conclude Oct. 1 in Kansas City. Before the tour kicked off, Forbes estimated that Beyoncé would earn nearly $2.1 billion from her tour.

The “Cuff It” singer’s tour set multiple records over the summer, including back-to-back records for the highest one-month gross in history in both July and August, according to a Sept. report by Billboard .

In July, she grossed $127.6 million and in August, that number increased to $179 million. The outlet also reported the “Renaissance Tour” became the highest grossing tour by a female artist, surpassing Madonna's “Sticky & Sweet Tour” with $461.3 million.

During the “Renaissance Tour,” Beyoncé also gave back $2 million to students and small business through her charity foundation, BeyGOOD. Half of the donations went to entrepreneurs, with luncheons hosted by BeyGOOD the day before each show for a chance to win a $100 thousand grant. The other portion of the $2 million donation was allocated to the Renaissance Scholarship Fund.

Beyoncé’s tour spawned several special moments over the course of its run, including a special tribute to the late Tina Turner , a birthday surprise from Diana Ross , as well as numerous performances alongside her eldest daughter, Blue Ivy.

It was also a hotspot for celebrities including Leonardo DiCaprio, Vanessa Bryant, Prince Harry and Meghan Markle, Kim and Khloe Kardashian, and more.

How much has the “Eras Tour” made?

Swift’s “Eras Tour” originally ran from March 17 through August 9. Throughout the year, Swift added on additional dates including several international dates in 2023 and 2024 as well as additional 2024 dates in the United States and internationally. 

While Swift’s tour still has 13 months to go, so far it’s been estimated she's earned $1 billion in sales , with Pollstar estimating the singer will exceed $1.4 billion in the new year .

Swift's economic impact far has exceeded solely ticket sales, too. The tour also increased revenue for hotels across the country, with fans flocking to each city to experience her career-sprawling performances.

It was also reported Swift made several donations with her tour’s earnings, including donating to local food banks at each stop and gifting $100,000 bonus checks to her truck drivers at the end of the U.S. leg of the tour.

The singer’s tour is also set to hit the big screen in the United States, and now internationally. In a press release, AMC said that it took less than 24 hours for the film to “shatter AMC’s U.S. record for the highest ticket-sales revenue during a single day in AMC’s 103-year history.”

Swift’s “Eras Tour” was not without its faults though.

The singer spoke out against Ticketmaster after fans struggled to obtain tickets to the tour due to “historically unprecedented demand” causing the website to crash. The debacle sparked public scrutiny, including questions from senators , and elicited changes from the company before Beyoncé’s “Renaissance Tour” tickets went on sale.

Francesca Gariano is a New York City-based freelance journalist reporting on culture, entertainment, beauty, lifestyle and wellness. She is a freelance contributor to TODAY.com, where she covers pop culture and breaking news.

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Beyoncé’s Renaissance World Tour Earns $579 Million

By Steven J. Horowitz

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Beyonce Renaissance Album

The Renaissance World Tour may have come to an end this past Sunday in Kansas City, but it’s safe to call it a smashing success for Beyoncé.

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The trailer shows footage of her daughter (and consistent tour guest star) Blue Ivy Carter rehearsing, as well as her and Jay-Z’s twins, Rumi and Sir. Insiders claim that the movie will feature highlights from the Renaissance World Tour and footage recording the album, as well as the long-awaited music videos for songs from the project.

Beyoncé initially released “Renaissance” in July 2022 and teased the tour three months later. The Renaissance World Tour kicked off on May 10 in Stockholm, Sweden, continuing on through Europe before landing in Toronto on July 8. Throughout its duration, Beyoncé led a team of more than 300 touring crew members, bringing out guests including Kendrick Lamar, Megan Thee Stallion and Diana Ross .

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How much did Beyoncé make on the Renaissance Tour? See her growing empire

Call her Queen Bey, Mrs. Carter or Sasha Fierce, one thing is clear: Beyoncé Knowles runs the world.

Since she hit the scene as a child rapper in the kids group Girls Tyme in 1990, Beyoncé has built a half-a-billion-dollar empire that spans music, entertainment, fashion and a flurry of lucrative investments and endorsement deals. This year, her record-breaking 56-stop Renaissance tour — a dazzling mix of robotic arms, pyrotechnics and a flying holographic horse — helped power the U.S. economy.

See how much money Taylor Swift’s Eras Tour actually made

As the Renaissance tour heads this weekend to the silver screen, here’s a look at how the diva herself got some respect on her check.

Smart enough to make these millions

Beyoncé is a lot of things: Performer, entrepreneur, fashion icon. And they all have contributed to her fast-growing fortune.

Her net worth has soared 20 percent in the last year to $540 million, according to Forbes. That’s nearly enough to buy every person in her hometown of Houston a bottle of her $160 perfume, plus a couple of official Renaissance T-shirts.

The bulk of Beyoncé’s wealth comes from her 20-year solo career. The “Flawless” singer has sold more than 200 million albums, won a record 32 Grammy Awards and become the most-awarded artist at the MTV Video Music Awards, BET Awards and NAACP Image Awards.

She’s also started multiple companies — including Parkwood Entertainment, the production firm behind the 2008 musical biopic “Cadillac Records” — and signed lucrative endorsement deals with such global brands as PepsiCo, Samsung, L’Oreal and American Express.

Stacking money everywhere she goes

beyonce concert tour revenue

Revenue per tour in 2023 dollars

Renaissance World Tour (2023)

The Beyonce Experience (2007)

The Formation World Tour

I Am…World Tour (2009-10)

The Mrs. Carter Show World Tour (2013-14)

beyonce concert tour revenue

She works for the money and she ain’t sorry.

With 56 shows over five months, Beyoncé’s Renaissance World Tour cemented the performer as one of the most successful touring artists of all time. Billboard Boxscore lists Renaissance as the seventh highest-grossing tour in history, behind Elton John, U2 and Coldplay. Beyoncé is the only woman and the only Black artist to crack the Top 10.

The Renaissance tour drew more than 2.7 million fans to stadiums around the world, according to Live Nation, boosting tourism in Beyoncé’s tour cities. In Stockholm, the traveling “Beyhive” was even blamed for driving Sweden’s May inflation higher than expected.

Seeing Beyoncé’s ‘Renaissance’ film? Here is our list of do’s and don’ts.

Over the years, Beyoncé’s tours have grown in scale and earnings. Her first solo tour featured shows in Europe and the United Kingdom. Her next tour, the Beyoncé Experience, was a global production that earned nearly $25 million — or about $35 million in today’s dollars — an impressive showing that amounts to just 6 percent of Queen Bey’s Renaissance haul.

A Mastermind in haute couture

Beyoncé’s expanding business empire includes investment in multiple companies, including flavored water company Lemon Perfect and Parisian fashion brand Destree, according to PitchBook Data.

Her own companies have included the fashion line House of Deréon and production company Parkwood Entertainment, which produced her 2019 concert film “Homecoming,” according to Billboard. Parkwood is also the parent company for athleisure clothing line Ivy Park, which recently ended its partnership with Adidas. Ivy Park posted on Instagram in November that “a new era awaits.”

In addition, she served as a global brand ambassador for Pepsi — a $50 million campaign, the New York Times estimated — and also collaborates with her husband on the music-streaming service Tidal, which sold a majority stake to the payment company Block for roughly $237 million.

Beyoncé knows better than to be reckless in a Givenchy dress and uses the stage to lift her businesses. She and her dancers frequently wear outfits from Ivy Park; the all-black outfit from the final show of the Renaissance tour in October is now sold out.

A Texas baby

Beyoncé often sings about her fondness for Houston. And her hometown loves her back. In September, Harris County (where Houston is located) officially renamed itself “Bey County” during the star’s two-night Renaissance tour stop.

Ticket sales for the Renaissance Tour’s Houston shows alone totaled $31.3 million. Meanwhile, visitors spent $18.2 million at Houston-area hotels — up 45 percent from the same weekend in 2022, according to Houston First Corporation.

To drum up excitement, city officials threw a homecoming bash for Queen Bey — complete with fireworks, a drone light show and cover bands playing her biggest hits. Some 5,000 people attended the free downtown celebration.

“It turned out even bigger than we could’ve imagined,” said Michael Heckman, chief executive of Houston First, which organized the event at the urging of Mayor Sylvester Turner. “When you have a hometown hero like Beyoncé coming back for a major concert, we just had to do something big that would be befitting of the star she is.”

She’s building her own foundation

She may be stingy with her love, but Beyoncé is making sure when she leaves this world she’ll have no regrets. For the last 10 years, she has focused on providing economic opportunities to people in underprivileged and marginalized communities through the BeyGood Foundation .

During the Renaissance tour, for example, she gave $2 million to entrepreneurs and college students, doling out $10,000 scholarships and $100,000 small-business grants in cities along the way. The Black Parade Route, created in 2020, brings together Black business owners around the world for networking luncheons and awards grants, funding hundreds of Black entrepreneurs.

The nonprofit has supported families dealing with disasters, including hurricanes in Houston and Orlando, and a lack of clean drinking water in Flint, Mich. Beyoncé has also given millions to Knowles-Temenos Place, a housing complex in Houston that helps the homeless.

World Wide Woman

If there’s one thing Beyoncé knows how to do, it’s make the most of every opportunity. And the Renaissance tour is no exception. Beyoncé is bringing the Renaissance World Tour to movie theaters around the world starting Nov. 30 — a shining new addition to the larger B universe.

About this story:

These songs are referenced in this story:

Illustrations by Alexis Arnold and Emily Sabens. Editing by Jennifer Liberto and Karly Domb Sadof. Design editing by Betty Chavarria. Photo editing by Haley Hamblin. Copy editing by Briana R. Ellison.

Photo credits: Getty Images, Reuters, AP Images, iStock.

beyonce concert tour revenue

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Break my soul, break these records: Beyoncé's Renaissance World Tour by the numbers

Meanwhile, it's been 15 months since Renaissance dropped and we're still listening to it. No skips.

Lester Fabian Brathwaite is a staff writer at Entertainment Weekly , where he covers breaking news, all things Real Housewives , and a rich cornucopia of popular culture. Formerly a senior editor at Out magazine, his work has appeared on NewNowNext , Queerty , Rolling Stone , and The New Yorker . He was also the first author signed to Phoebe Robinson's Tiny Reparations imprint. He met Oprah once.

beyonce concert tour revenue

The Renaissance World Tour has come to a close, leaving a trail of snatched wigs, discarded silver lamé, and depleted checkbooks in its wake.

All in all, Beyoncé 's ninth concert tour pulled in $579 million, making it the highest-grossing tour by a female artist in history, and the seventh-highest-grossing tour overall.

But if you look at it based on number of shows, Queen Bey maintains her crown. The Renaissance Tour had 56 shows that ran the course of the summer versus, say, the No. 6 highest-grossing tour, Guns N' Roses three-year, 158-show Never In This Lifetime... Tour.

And then there's the average gross per show: Bey made $10.3 million per show, compared to the highest-grossing tour of all-time, Elton John 's Farewell Yellow Brick Road, which averaged $2.8 million per show (it ran for five years and 330 shows, grossing $939.1 million).

The Renaissance Tour also broke Billboard's record for biggest one-month gross with $127.6 million.

All that money helped boost the American economy, with The New York Times estimating that the Bey bump generated about $4.5 billion, comparable to what the 2008 Olympics did for Beijing.

Across 10 countries and 39 cities, the Renaissance Tour machine employed 304 people, as Beyoncé gagged 2.7 million fans in 148 different looks from over 35 fashion houses, while singing 34 songs per night.

And for those who missed out on the live o-p-u-l-e-n-c-e, there's a Renaissance concert film coming to theaters Dec. 1, fulfilling the promise of those long-awaited visuals.

And we only had to wait 490 days. But who's counting?

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Beyoncé’s Renaissance World Tour Becomes Highest Grossing Tour By Black Artist

Mail

Queen Beyoncé is having the best year ever. So far, we’ve witnessed everyone from Oprah to Madonna sing praise to what is arguably one of the greatest shows ever. After 33 shows, box office data shows, Beyoncé’s Renaissance World Tour has become the high-grossing tour of her career, with $295,676,504 in sales.

beyonce concert tour revenue

This becomes the highest-grossing tour of all time by a black artist, breaking the record set by her own Formation World Tour. Set to make $500,000,000 in ticket sales, I can’t help but to think about the adversity she overcame back when she silently fought through senseless rumors. If we learn anything from this ray of light we learned that naysayers and opinions don’t mean a thing when you stay disciplined and focused.

This tour tells a story with so many hidden gems that calling it a show doesn’t even do it justice—it’s an experience. One that you don’t want to miss. Creative thinkers, movers and shakers have been showing up by the boatloads to get a glimpse of this epic performance. Lenny Kravitz, Naomi Campbell, Pharrell Williams, Kelly Rowland, Salma Hayek, Kris and Kylie Jenner, Kandi, Megan Thee Stallion, Chloe and Halle Bailey, Amy Schumer, Ashley Graham and more have made this a priority in their schedule much like the rest of us.

beyonce concert tour revenue

I remember a time when they couldn’t pronounce her name correctly.

Now my 7-year-old daughter Felicity is envisioning her own future after we went to see Beyonce perform at Met Life Stadium in New Jersey. We both sang and danced through tears amazed at the legend my daughter (and myself) look up to. For three hours straight we watched her consistency, perfection, stamina and creativity in a way the world has never seen before. After growing up with every image but my own in the spotlight, it’s breathtaking to witness this greatness from Beyonce (and Blue Ivy) with my own black princess. 

It’s safe to say this generation has a new Michael Jackson in town…and her name is Beyoncé.

View this post on Instagram A post shared by Felicity (@felicitysseamoss)

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Beyoncé May Earn $2 Billion From Her 57-Concert Renaissance World Tour

She runs the world, after all., justin ray's most recent stories.

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LOS ANGELES, CALIFORNIA - FEBRUARY 05: Beyoncé accepts Best Dance/Electronic Music Album for “Renaissance” onstage during the 65th GRAMMY Awards at Crypto.com Arena on February 05, 2023 in Los Angeles, California. (Photo by Emma McIntyre/Getty Images for The Recording Academy)

Beyoncé is expected to earn some serious cash from her upcoming tour—and smash a personal record while she’s at it.

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Just from tickets alone, which have an average price of about $700, the tour could gross somewhere between $275 million and $2.4 billion, the publication reports. Of course, merchandise sales are expected to draw in even more earnings. These high-end estimates for the Renaissance tour, starting on May 10, can be partly attributed her fan’s (also known as the Beyhive) pent-up desire to attend concerts in person following the pandemic, according to Forbes.

For context, Beyoncé’s 2014 On the Run tour, performed alongside her husband, Jay-Z, grossed $95 million, Billboard reported ; her Formation World Tour netted $256 million in 2016, according to Complex ; and the 2018 On the Run II tour generated $254 million, according to Forbes. 

The way the superstar artist constructed her business may also help her retain more profits. “Her entire Renaissance tour production is handled by her production company, Parkwood Entertainment, and promoted by Live Nation, which drives a greater percentage of the revenue directly to Beyoncé,” Armen Shaomian, an associate professor of entertainment management at the University of South Carolina, told Forbes.

These predictions come in as another high-demand tour is making its way across the U.S.: Taylor Swift ‘s Eras concerts, which are expected to hit $1.9 billion in revenue, coming in some $500 million short of Beyoncè’s estimates. Both artists are known for their stellar business skills as well as their performing prowess, according to Forbes.

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Oct 3, 2023

Beyoncé's 'Renaissance World Tour' Rakes In $579M In Revenue

Beyoncé's 'Renaissance World Tour' Rakes In $579M In Revenue

There is only one competitor for Beyoncé, and that is herself.

Variety reports her masterful “Renaissance World Tour,” produced by Parkwood Entertainment, generated over $579 million in revenue. These numbers are supported by 2.7 million fans who were adorned in silver outfits and jewelry across 56 dates in 39 cities.

The Renaissance world tour is the most revolutionary tour of the century. Lasers, dancing with robots, color-changing clothing, a telescoping stage with optical illusions. Beyoncé has set, once again, the standard for the performances of the future. pic.twitter.com/4nnC1kQw4i — virgo’s grooviest (@virgosgrooviest) July 25, 2023

The “Renaissance World Tour” will be remembered as a significant moment in entertainment. Fans have cemented in their memories distinct moments that cannot be duplicated, whether it’s Beyoncé’s dance segment featuring robot arms during “Cuff It,” the “mute challenge” during “Energy,” or the surprise birthday appearance by Diana Ross, one of her inspirations.

@tomiwarodia_ Cant lie, we ate 😌 #atlanta #renaissancetour #mutechallenge ♬ original sound – Tomiwa Rodia
  View this post on Instagram   A post shared by Beyoncé (@beyonce)

What’s more, the tour also marks a pivotal shift for the Houston, TX-born artist as it has allowed her to break away from the notions of trying to be perfect.

“This show is about enjoying life,” Beyoncé  expressed d uring her stop at  MetLife Stadium in East Rutherford, NJ, per Billboard.

Her ability to encourage fans of all walks of life to partake in joy is what has vastly contributed to the tour’s monumental success, according to Billboard.

Per the outlet’s Boxscore, Beyoncé had broken the record for the highest grossing one-month tour in July 2023. The feat was later broken one month later by none other than herself, as the tour pocketed an impressive $179.3 million from 14 shows.

It is clear, Beyoncé dedication to her artistic journey continues to impress at the box office.

Although the tour has now reached its end, Beyoncé will have a chance to break barriers in a new arena.

As AFROTECH just told you, “Renaissance: A Film by Beyoncé” will be out in a theater near you starting Dec. 1. The concert film will be released through AMC Entertainment Holdings. Fans can also watch the epic show at Cinemark, Regal, Cineplex, and Cinepolis.

The excitement has already spurred shares of AMC Entertainment Holdings to spike by 1.5% during premarket trading Oct. 2.

Samantha Dorisca

Samantha Dorisca is a Houston-based journalist and photographer whose mission is to impact communities through the gift of storytelling using the written word or visual media. She completed her B.A at The University of Texas at Austin and is pursuing a M.A at The University of Memphis. Her work can be found on platforms such as Houstonia Magazine, Girls' Life Magazine, and Blacque Magazine. Samantha mainly reports on tech, trends, and entrepreneurship.

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Beyoncé's 'Renaissance' tour breaks all-time record: Report

SANTA CLARA, Calif. - Queen Bey is once again proving she is royalty.

The "Break My Soul" singer just broke some records. Beyoncé's ‘Renaissance World Tour' has become the highest-grossing tour by a woman artist in history-- at more than $461 million, according to reports.

Chart Data said the last titleholder was Madonna for her "Sticky & Sweet Tour," back in 2008-09.

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BeyHive 'understood the assignment': Dripped-out fans show out at Beyoncé's Bay Area 'Renaissance' tour

BeyHive 'understood the assignment': Dripped-out fans show out at Beyoncé's Bay Area 'Renaissance' tour

As the BeyHive descends upon Levi's Stadium for Wednesday night's Beyoncé concert, KTVU found that fans understood the assignment. 

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Beyoncé and Taylor Swift are poised to knock out the record holder for highest-grossing tour of all time

The beyhive and swifties are paying astronomical prices to secure concert tickets.

Taylor Swift performs onstage for the opening night of "Taylor Swift | The Eras Tour"

Beyoncé and Taylor Swift are touring for the first time in years, and fans have made clear they are willing to pay steep prices to see their favorite stars.

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Post-covid hikes in ticket prices, stops in the world’s major cities, and multiple tour dates are set to give both pop stars a financial boost. It also means Beyoncé’s Renaissance tour and Swift’s Eras tour could be on the path to break the $1 bil lion mark and become the biggest-ever tours by revenue, according to some estimates .

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Sir Elton John currently holds that record. His ongoing Yellow Brick Road farewell tour has already raked in over $817 million , according to a Billboard report in January.

Queen Bey and Tay Tay both have a shot at clinching that title depending on how you do the math. Here’s what some experts are saying.

How much Beyoncé will earn on the Renaissance tour?

Beyoncé’s Renaissance US and Europe tour kicked off on May 10 in Stockholm, and is scheduled to have 57 shows in total—all of which have been sold out. Some tickets have gotten so expensive , fans are even flying internationally for a better deal.

Forbes contributor Peter Cohan estimates that Mrs. Carter could earn anywhere between $428 million and $2.4 billion from the tour, depending on the average ticket price per venue.

Beyoncé accepts her record-breaking Grammy in February 2023

In February, Billboard made a more conservative estimate of $275 million in revenue based on an average ticket price of $200, the 41 shows scheduled at the time, and a low-end estimate of $6.8 million in revenue per show.

How much will Taylor Swift earn on the Eras tour?

Taylor Swift’s Eras tour hit the road on March 17 in Glendale, Arizona, and has 52 shows scheduled in the US alone. Her shows have also been sold out (but not without bad blood between Swifties and Ticketmaster). Dates and tickets for her overseas shows are yet to be released.

According to Bloomberg estimates , Swift could make $500 million to $600 million, without accounting for the international leg of the tour.

No matter who breaks the record, Ticketmaster is a definite winner

Ticketmaster, which dominates an estimated 70% of the market for ticketing and live music concerts, is set to cash in on both Beyoncé and Swift’s tours.

The way the ticketing giant makes money directly is through its ticket service charge, which its website says is to “cover the costs involved in running our website and booking line.” But Ticketmaster and its parent company Live Nation have been criticized in recent months for its “dynamic pricing ” system, lack of transparency, and imposing of high fees that have left consumers feeling scammed .

In March, British rock band The Cure demanded Ticketmaster partially refund fans who in some instances paid service fees that were over half the cost of their original ticket.

Be wary of the ticket resale market

Given Ticketmaster’s monopoly—which is now being challenged in the US—consumers are left with few choices when buying tickets. Purchasing from a scalper or reseller also poses risks , and tickets are not necessarily cheaper. Resale tickets for Renaissance were listed for as much as $12,000 on surging demand, while Eras tickets shot up to as much as $28,000 .

“When huge stars tour…there’s massive demand for tickets—but that can lead to rogue secondary ticket operators reselling tickets at extortionate prices without providing clear information or warning about the risk that people could be turned away at the door,” said Lisa Webb, a consumer law expert at the UK consumer rights group Which?.

She added: “If you’re on the hunt for tickets, it’s advisable to go through a primary seller as you’ll have more rights should things go wrong compared to a secondary seller.”

Ticketmaster also hosts resellers on its site, but takes a 10% fee from the posted ticket price.

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Beyoncé Makes History With Astronomical Renaissance Tour Earnings

Beyoncé has reached a point in her superstardom where the only records she’s up against are her own, and she continues to smash those with ease.

On Tuesday (August 8), Touring Data reported that Queen B’s Renaissance World Tour has now become the highest-grossing trek of all time by a Black musician. The concert series has generated $296million from 33 shows so far, with 23 still left on the schedule. Her 2016 Formation World Tour held the previous record.

Additionally, she has also broken the all-time records for the highest-grossing concerts by a female as well as a Black act for her July 29 and 30 performances at MetLife Stadium in East Rutherford. Each night pulled in $16.541 million for a total of $33million.

Holding secure the title of the highest-grossing Black artist ever, Beyoncé has earned $1.3billion from the sale of 11.2 million tickets over her career.

Over the weekend, fans endured a massive storm to see Beyoncé perform, and the 41-year-old icon returned the favor by making sure her hive got home safely after the show.

The R&B star was in Maryland on Sunday (August 6) to play a show at FedEx Field right before a storm unleashed its fury on the state. Videos show lightning storms and pummeling rain soaking concert-goers, who got a shelter-in-place order while waiting to enter the stadium.

Beyoncé Reinstates Lizzo Shoutout On 'Break My Soul' Remix — But Omits Erykah Badu

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August 7, 2023

Atendees were crammed inside the venue’s entrance for two hours before being allowed in, but luckily the weather subsided enough for the show to start .

However, due to the concert running late, the Metro train’s service hours needed to be extended in order for fans to get home, which meant someone needed to pay the bill to make that happen. Bey’s tour company took on the responsibility and footed the bill, which amounted to $100,000, according to TMZ .

This allowed the trains at the surrounding 98 stations to run for an extra 60 minutes, which most likely bled into the early morning hours of Monday (August 7).

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Beyoncé expected to earn BILLIONS from Renaissance World Tour

9 May 2023, 10:57

beyonce concert tour revenue

Beyonce has taken to the stage for her first headline concert since 2018

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The superstar's world tour is set to rake in over 2 billion dollars.

Beyoncé 's long-awaited Renaissance World Tour is expected to make a whopping amount of money from her tour.

She is finally performing her seminal album Renaissance live this summer with dates so far confirmed for Europe and North America.

The singer's last solo tour, the Formation World Tour , grossed $289 million dollars from a mere 49 shows.

Beyoncé Renaissance Tour 2023: tickets, prices, dates, venues, setlist & more

Bey made a stunning comeback last month in Dubai.

Beyoncé's tour kicks off on May 10 in Stockholm, and finishes in New Orleans on 27 September.

Now, it is reported that the singer could earn a whopping $2 billion dollars (£1.6 billion) for her shows.

Bey's most recent tour, 2018's On The Run II with husband Jay-Z, grossed $276 million, which means she expected to earn almost double for her upcoming run of shows.

Beyonce Renaissance World Tour memes: the funniest fan reactions

Beyoncé wowed the audience in Dubai.

Forbes have reported that the tour could gross between $275 million and $2.4 billion from tickets alone by the time it ends in September.

The estimates are based on ‘optimistic’ assumptions, including high ticket prices and assuming that fans will be lapping up Bey's merchandise too.

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Beyoncé's world tour bringing in record numbers before Thursday’s D-FW stop

The tour earned $127.6 million between july 8-30, the largest one-month sum for any artist, according to figures reported to billboard boxscore..

By Tommy Cummings

9:52 AM on Sep 20, 2023 CDT — Updated at 2:47 PM on Sep 21, 2023 CDT

Beyoncé performs onstage during the "Renaissance World Tour" at MetLife Stadium on July 29,...

Beyoncé will arrive at AT&T Stadium in Arlington on Thursday at a record-breaking pace.

The Houston-born singer’s “Renaissance World Tour” is on a roll, according to figures reported to Billboard Boxscore .

Beyoncé's tour has earned $127.6 million in total gross revenue over 11 shows between July 8-30, the largest one-month sum for any artist since Billboard started tracking tour data across various musical genres in 1985.

She also drew 503,000 concertgoers for the 11 shows.

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Among top artists, she has two of the top three gross ticket sales figures for July concerts with $33.1 million for a two-show stop in East Rutherford, N.J., and $30.1 million for her two-show stop in Chicago. She generated $18.3 million at the Rogers Centre in Toronto to rank No. 7 on the same chart. She also appears at at Nos. 20, 24, 27, and 30, showing more than anyone else in the rankings.

Her five-run show at Tottenham Hotspur Stadium in London grossed $42.2 million, the highest-grossing engagement by a woman, Black artist or any American artist.

Related: Beyoncé's ‘Renaissance’ tour shimmers at AT&T Stadium

Through Aug. 1, Billboard’s numbers indicate “The Renaissance World Tour” has grossed $295.8 million, already Beyoncé's highest-grossing tour yet, passing the $256.1 million grossed in “The Formation World Tour”. Billboard expects the total to pass half a billion dollars in her tour’s final two months.

Taylor Swift has not yet reported numbers for “The Eras Tour,” according to Billboard . Swift set a three-day attendance record at AT&T Stadium with 210,607 concert-goers from March 31 to April 2.

Billboard ’s July numbers were published on Aug. 24. Figures for August have yet to be released.

How Beyoncé will build on her numbers at AT&T Stadium is not clear. Stadium capacity will depend on how the stage is configured, and no details have been released by the Dallas Cowboys or Live Nation.

Going by previous Beyoncé appearances at AT&T Stadium, attendance could be below 50,000. In 2016, she drew 44,270. She and Jay-Z drew 47,461 in 2014 and 45,099 in 2018. On her current tour, she pulled in 106,000 in two shows in East Rutherford, N.J., and 97,700 in two shows in Chicago.

In a survey fielded for The New York Times , QuestionPro found that Beyoncé fans funded tickets heavily out of their regular income and spent $1,800 on average for the concert.

Peter Cohan, senior contributor for Forbes , ran the numbers and found Beyoncé could clear nearly $2.1 billion from her current tour.

“Odds are good ‘Renaissance’ could be Beyoncé’s most lucrative concert tour — possibly exceeding the revenue she has earned from all her previous concerts combined,” Cohen wrote.

CORRECTION, 2:45 p.m., Sept. 21, 2023: A chart in an earlier version of this story showed incorrect attendance numbers for Beyoncé’s shows in Chicago and Minneapolis due to a typographical error. According to Billboard, 97,700 attended the Chicago show, not 977,000, and 39,400 attended the Minneapolis show, not 394,000.

Tommy Cummings

Tommy Cummings . Tommy Cummings has worked at The Dallas Morning News, Fort Worth Star-Telegram and the San Francisco Chronicle as an editor/writer/digital producer.

Culture | Music

‘Taylornomics’ and Beyoncé’s Renaissance World Tour: what are the most lucrative music tours ever?

beyonce concert tour revenue

It’s a good year for pop music fans, as two of the world’s biggest acts are currently on tour: over the last several months both Beyoncé and Taylor Swift have been travelling the world playing to sold out stadiums.

Beyoncé’s Renaissance tour began in May and saw the artist play five consecutive nights at London’s Tottenham Hotspur Stadium in June. Swift’s Eras tour launched in March; she is currently in the US and will play in London next summer.

The tours of both artists have already raked in approximately $300 million each. This places Taylor Swift at the fifth spot and Beyoncé at the sixth spot on the list of the highest-grossing tours of the decade.

But the success of the sold-out shows doesn’t stop there: Beyoncé’s Renaissance tour has broken Beyoncé’s own record, becoming the highest-grossing tour by any Black artist ever, having already made $295 million and with another 20 shows yet to go ahead. Beyoncé has easily surpassed the takings of both her 2016 The Formation World Tour, which earned $256 million, and her 2013-2014 The Mrs. Carter Show World Tour, which made $229 million.

And without adjusting for inflation, Beyoncé has also far exceeded the takings of both Michael Jackson’s 1987-1989 Bad World Tour (which earned $125 million) and Tina Turner’s 1987-88 Break Every Rule tour (which earned $60 million).

Similarly, Taylor Swift’s Eras tour has already made over $300 million, which has surpassed the takings of her 2015 The 1989 World Tour, which earned $250 million. Her 2018 Reputation Stadium Tour made $345 million dollars, and given that Swift is still yet to complete nearly half of her tour, its extremely likely that she will smash her own personal best soon too.

In December, Billboard predicted that Swift would make as much as $590 million when the Eras concerts are completed, and back then the American pop star had only planned 52 stops. Swift has been adding dates to her tour ever since, and she is now set to stage a whopping 146 performances. If Swift continues to make money in line with Billboard’s projections, the artist could make as much as $1 billion by the end of the worldwide tour.

Even if she doesn’t reach that mind-blowing figure, Swift is on track to smash the record for the top female solo artist on the tour money rankings. Madonna currently sits at the top spot: her 2008-2009 Sticky & Sweet Tour made $411 million (which is around $560 million when adjusted for inflation).

Swift is also reportedly having a major financial impact on the cities she visits: “It’s simple Taylornomics: When Taylor Swift comes to town, Swifties go on a spending spree,” said the Wall Street Journal. In July, The Federal Reserve Bank of Philadelphia said that Swift’s concerts had helped to increase tourism in the region – a pattern that is emerging across the country.

So who tops the charts?

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Elton John is the artist who has earnt the most from a single tour, raking in a whopping $939 million for his Farewell Yellow Brick Road tour, which came to a close in June.

The 76-year Rocket Man singer said goodbye at this year’s Glastonbury, playing to a crowd of approximately 100,000 people – the performance was described by The Standard’s Dylan Jones as “ primal gratification on a massive scale ”.

Ed Sheeran is second on the money list, with his Divide Tour (2017-19) having made $776 million, while U2 sits at third place, with their 360° Tour (2009-2011) having made $736 million.

However, when these figures are adjusted for inflation, it’s reportedly U2 who actually sit at the top of the highest-earners list.

The list of top 20 highest-earning tours of all time includes a number of bands: Coldplay, Guns N’ Roses, The Rolling Stones, AC/DC, Metallica and The Police; major pop stars: Harry Styles, Madonna, Bruno Mars and Pink; country singers: Garth Brooks and Trisha Yearwood; and standout rock act Roger Waters.

When the list is narrowed down to the top earners of this decade, it shifts to include international acts such as Bad Bunny, Blackpink, and Daddy Yankee, showing the diversification of music over recent years.

The 2022 World’s Hottest Tour from Puerto Rican rapper Bad Bunny, who was crowned Spotify’s most-streamed artist last year after clocking 18.5 billion streams, earned $314 million, placing him at fourth place on the list. Meanwhile the K-pop girl group come in at eighth on the list with their ongoing Born Pink World Tour. It has made $220 million so far. The 83-date La Última Vuelta World Tour from Puerto Rican rapper Daddy Yankee, made $198 million last year, placing him at ninth on the list.

Coldplay, who have made $617 million and counting from their ongoing Music of the Spheres World Tour, sit at the top of the list.

Taylor Swift is set to play in London on June 21, 22 and 23 and August 15, 16 and 17 2024

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Beyoncé’s Renaissance World Tour Is Heading for a $500M+ Finish

The tour is her highest grossing ever, replacing her own Formation World Tour as the all-time leader among R&B artists.  

By Eric Frankenberg

Eric Frankenberg

Beyonce

The first month of Beyoncé ’s Renaissance World Tour situated her atop Billboard ’s Top Tours chart in May. With reports for June, the entire European leg of the tour blew past the $150 million mark , making it the biggest non-U.S. leg of any Beyoncé tour. Now, with data for the trek’s first batch of North American shows, the bigger picture is coming more clearly into focus.

According to figures reported to Billboard Boxscore, Beyoncé earned $141.4 million on the first 12 Renaissance shows in U.S. and Canada, selling 553,000 tickets. That puts the tour’s overall figures at $295.8 million and 1.6 million tickets, current through her Aug. 1 concert at Gillette Stadium in Foxborough, Mass.

Billboard Boxscore Top 10 Tours of All Time: Harry Styles Finishes North of $600 Million

Approaching the $300 million mark, the Renaissance World Tour is now Beyoncé’s highest grossing tour yet, passing 2016’s The Formation World Tour ($256.1 million) and 2018’s On the Run II Tour alongside Jay-Z ($253.5 million).

In exceeding the gross of her own two previous tours, the Renaissance World Tour resets the record for the highest grossing tour by an R&B artist, or any Black artist in Boxscore history. Beyoncé previously held the title with the Formation World Tour and before that, with The Mrs. Carter Show World Tour in 2013-14 ($211.9 million).

Beyoncé hasn’t yet eclipsed those runs in terms of tickets sold, though it’s only a matter of time. The Formation World Tour still holds strong with 2.2 million tickets, 600,000 ahead of her 2023 stint. With 23 shows left to report in North America, expect Queen Bey to add close to 1 million more for a total of 2.6 million.

Though it has the earnings record in the bag, the Renaissance World Tour still has room to grow. Its $295.8 million is already in the region of Billboard ’s initial projections of $275 million to $300 million plus, based on expected per-show revenues of $6.8 million to $7.5 million. With extra shows added due to high demand, the tour’s routing shot to more than 50 shows, with the low end of our projection ballooning to $380 million.

But Beyoncé hasn’t been earning $7 million per show. The 12 reported North American dates paced $11.8 million and 46,100 tickets each night. Grosses have swung as high as $33.1 million over two shows in East Rutherford, N.J., and as low as $6.5 million in Louisville, Ky.

If the 23 remaining shows can maintain that average or simply stay above the eight-figure mark, the Renaissance World Tour will set a whole new standard for Beyoncé.

To reach $500 million, the Renaissance World Tour will have to gross $8.9 million per show. But that’d represent a 24% drop from the first batch of U.S. & Canada dates, and there’s no reason to expect such a decline considering the remaining dates include highly anticipated shows in Atlanta, Los Angeles and Beyoncé’s hometown of Houston.

At $10 million per show, Beyoncé will hit $525 million, which would inch her past Coldplay ’s A Head Full of Dreams Tour ($523.3 million). That’d be enough to make the Renaissance World Tour one of Billboard Boxscore’s 10 highest grossing tours ever .

Here’s a graph to show you where the Renaissance World Tour could end up, depending on how the 23 remaining shows perform.

At the current breakneck speed of $11.8 million per show, Beyoncé would be looking at $560 million. On the all-time leaderboard, she’s targeting classic rock heavyweights such as Guns N’ Roses , The Rolling Stones and Roger Waters as peers on the stadium stage.

Even before she gets there, Beyoncé has already broken through some hallowed territory in the Boxscore archives. Across her career as a soloist (including her co-headline tours with Jay-Z, and with Alicia Keys and Missy Elliott ), Beyoncé has become the 15th artist – and third woman after Celine Dion and Madonna – to gross more than $1 billion. Further, she’s just the second female act (after Madonna) to sell more than 10 million tickets. Over 408 reported shows, she has earned $1.063 billion and sold 10.473 million tickets. By the Oct. 1 close of the Renaissance World Tour, that gross will be about $250 million higher.

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Beyoncé ‘renaissance’ tour could outearn taylor swift ‘eras’ by $500 million.

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LOS ANGELES, CALIFORNIA - FEBRUARY 05: Beyoncé accepts the Best Dance/Electronic Music Album award ... [+] for “Renaissance” onstage during the 65th GRAMMY Awards at Crypto.com Arena on February 05, 2023 in Los Angeles, California. (Photo by Kevin Winter/Getty Images for The Recording Academy)

It’s good to be queen.

Beyoncé Giselle Knowles-Carter — also known as Queen Bey — could clear nearly $2.1 billion from her “Renaissance” World Tour — some $500 million more than the $1.6 billion Taylor Swift could earn from “Eras.”

Those eyepopping estimates are based on the most optimistic assumptions of the number of fans buying tickets at their concerts and high average ticket prices of about $700.

They also assume the artists take home a considerable share of merchandise proceeds and pay tour expenses of 20% of revenues — leaving them with the other 80%.

“Renaissance” could gross between $275 million and $2.4 billion from tickets alone by the time it ends in September. Beyoncé’s most optimistic ticket revenue estimate — $2.4 billion — is well above Era’s $1.9 billion most optimistic box office.

Due to fans’ pent-up desire to attend in-person concerts at the end of a more than three year pandemic, using optimistic assumptions makes sense to me.

Born in Houston, Texas, Beyoncé entered the music industry in the 1990s with Destiny’s Child ; achieved solo success with number-one albums (like Dangerously in Love and B’Day ;) headlined the NFL Super Bowl 50 and so much more.

Odds are good “Renaissance” could be Beyoncé’s most lucrative concert tour — possibly exceeding the revenue she has earned from all her previous concerts combined.

How Beyoncé’s Business Strategy Differs From Swift’s

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In addition to being exceptionally talented artists, Beyoncé and Swift are excellent business executives.

A key part of the executive job is choosing a business strategy — making decisions about which products to sell, where to sell them, and how much to charge customers — and executing it flawlessly.

Both artists pursue a differentiation strategy — meaning that they charge premium prices for a higher quality product that may cost more to produce. (Another common business strategy, cost leadership — selling a good product at the lowest price with lower costs — is probably rare among performers).

The experts I interviewed — who have not reviewed their contracts — highlight some business strategy differences and similarities between them:

  • Swift may retain a larger share of ticket sales than does Beyoncé.
  • Swift has a more extensive merchandising strategy than Beyoncé.
  • Beyoncé and Swift have high tour expenses and their average ticket prices for their 2023 tours are around $700.

Swift and Beyoncé share of ticket sales

Swift probably receives between 100% and 110% of ticketing revenues. As David Herlihy, a Northeastern University Teaching Professor and Music Industry Program Coordinator, told me, “Her promoter should be happy to pay her more because he does not have to assume any risk that her concerts will not sell out.”

Beyoncé may receive close to that amount. “Beyoncé could have an escalating rate (based on number of tickets sold) or a flat percentage per ticket. Considering her prior success, she’d certainly command in the upper 90th percentile or more.” according to my May 6 email from Armen Shaomian, University of South Carolina Associate Professor, Entertainment Management.

Sponsors and other partnerships can help top artists guarantee high concert proceeds. “Beyoncé’s case sponsors include several major corporations, such as CITI, Verizon, and Tiffany. Her entire Renaissance tour production is handled by her production company, Parkwood Entertainment, and promoted by Live Nation, which drives a greater percentage of the revenue directly to Beyoncé,” Shaomian explained.

Swift and Beyoncé merchandising strategies

Swift and Beyoncé have different brands and varying merchandising strategies.

Swift has an extensive merchandising strategy. As Herlihy explained, “At each venue she would be likely to sell out 30,000 pieces of merchandise at an average price of $80 per item. Thirty percent of that would go to the venue and the remainder would go to Swift and the promoter.”

This initial estimate of her merchandising revenues was low. As he told me in April, “I recently discovered the venues may charge less of a commission [20% rather than the 30%] I originally cited. Also, that commission is within Taylor's purview to negotiate down.”

Swift’s strategy is more extensive than Beyoncé’s. “Swift’s aim is to build a lifestyle brand for a certain demographic. Looking at it from a fan angle, Swifties have access to a plethora of year-round options when it comes to fan merch,” Shaomian noted.

These include 10 “Eras” albums she has been selling on her website since January along with “hundreds of merch items, ranging from vinyl albums to activity books and ornaments,” he wrote.

Beyoncé’s website — which offers downloads of her singles and some of her vinyl records for purchase — features far less merchandise than Swift’s does and will generate less profit than hers.

However, Beyoncé’s lack of online merchandising may result in high priced concert merch. “The lack of merch on Beyoncé’s online shop could also be a part of her strategy, in that tour-specific merch will only be available for purchase during her concerts, most likely at a premium,” Shaomian suggested.

Swift and Beyoncé ticket prices and costs

One thing Swift and Beyoncé share is high average ticket prices. Shaomian told me last month that Swift’s average ticket price is likely $700 or more.

Beyoncé’s average ticket prices could be $685 or more.

On May 6 he told me, “Ticket prices are only going up, and there are large sections of tickets on Beyoncé’s tour dedicated as B-Hive and Club Renaissance close to the stage, along with some shows where the entire floor level is a standing room club setting (Stockholm for example).”

Such tickets are “all sold at a premium. Think of it as a flight having more first and business class seats that are sold at a premium, which pushes up the average fare,” he concluded.

Swift probably keeps 80% of her revenues. As Herlihy explained last year, “She has to pay taxes, her crew, venue rental, and tour expenses — possibly redundant trucks, crews, security, musical instruments, and so on. These expenses could range between 20% and 25% of her revenue.”

He thinks marketing expenses for “Eras” were lower than normal. “Because the shows were an automatic sell out, the expenditure of huge promotion and marketing dollars to stimulate sales was somewhat unnecessary—thus less of a deduction off the top,” he says.

Both artists have high tour expenses. “I have seen quotes of 50 semis for ‘Eras.’ That is huge! I’d anticipate Beyoncé being close to that judging by her last ‘On The Run Tour II.’” noted Shaomian.

Renaissance Ticket Sales Estimates

“Renaissance” ticket revenues could range from $275 million to $2.5 billion.

Conservative “Renaissance” revenue estimates range from $275 million to $428 million

In early February, Billboard estimated “Renaissance” would generate between $275 million and $428 million in ticket revenue using the following assumptions to generate the $275 million estimate:

  • “Renaissance” to host 41 shows
  • Average ticket price: $200
  • Share of ticket revenues: 100%
  • Average revenue per show: $6.71 million

With four more shows, “Renaissance” could generate $300 million in revenue. Billboard estimated in February.

By May 7, the number of “Renaissance” shows had expanded from 41 to 57, according to Ticketmaster.

Should Beyoncé perform at 57 concerts, using Billboard’s $6.71 million in revenue per show, “Renaissance” would generate $382 million in revenue.

Using the high end estimate of Billboard ’s per show revenue of $7.5 million, “Renaissance” could generate ticket sales of about $428 million.

Optimistic estimate ranges from $713 million to $2.4 billion

Using more optimistic assumptions about the number of tickets sold at each concert and a higher average price per ticket, I estimate that “Renaissance” tour revenue could range from $713 million to $2.4 billion. Here are the most significant assumptions I used:

  • All 57 concerts are completely sold out.
  • The average concert capacity per venue totals 65,860 fans, based on my analysis of data from each venue.
  • 95% of the average number of fans in the venue buys tickets because artists block off seats for their stage set and give away some seats at no charge, Shaomian told me.
  • The low and high average ticket price ranges from $200 (per Billboard ) to $678, according to TicketSmarter .

Beyoncé’s Previous Concert Tours

Beyoncé is likely to surpass $1 billion in lifetime gross ticket sales by the time she collects her “Renaissance” proceeds. As Billboard reported, she “has grossed $767.3 million and sold 8.9 million tickets across 375 shows, including those with Jay-Z and the Verizon Ladies First Tour, a co-headline run with Missy Elliott and Alicia Keys in 2004.”

Here are the proceeds of some of her most recent tours:

  • On the Run (2014) with her husband Jay-Z grossed $95 million, according to Billboard.
  • Formation World Tour (2016): $256 million, per Complex .
  • On the Run II (2018): $254 million in gross revenue, Forbes reported.

If Beyoncé reaches the high end of my most optimistic estimate, “Renaissance” will far surpass the gross revenues of all her previous concerts.

How Much Beyoncé And Swift Will Take Home

Beyoncé could earn higher proceeds from “Renaissance” than will Swift from “Eras.”

More specifically, “Renaissance” proceeds for Beyoncé could range between $680 million and nearly $2.1 billion — using $200-per-ticket at the low end and $648, respectively. That surpasses the profit range of $553 million and $1.62 billion for “Eras.”

“Renaissance” profit

Queen Bey’s profits from “Renaissance” derive from the following assumptions:

  • Gross ticket sales ranging from $751 million and $2.57 billion based on the low and high average prices for all 52 concerts.
  • Merchandise revenue of about $171 million based on the assumption that she will sell 30,000 items at an average price of $100 (assuming that her prices will be higher than Swift’s since they are only available at the concerts).
  • Beyoncé would keep 80% of the merchandise revenue (per Herlihy)
  • She would subtract off 20% of her ticketing and merchandise revenue share, per Herlihy, to pay for tour expenses — keeping the other 80% as Herlihy suggested.

“Eras” profit

Taylor Swift — who is about eight years younger than Beyoncé — potentially has many years to surpass what is likely to be a boffo “Eras” box office this year.

Swift could gross between $620 million and $1.9 billion from “Eras” — depending on whether the average ticket price is $215 or $700.

Using similar assumptions regarding her take of merchandise sales at the concerts and tour expenses, Swift would net $553 million — assuming an average ticket price of $215 — and as much as $1.6 billion if her average “Eras” ticket price is $700.

After a three year pandemic, two great artists — and business executives — are charging premium prices to full houses as they cash in on their talent

Peter Cohan

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Will Beyonce's Renaissance Tour Concert Film Be on Streaming?

Renaissance: A Film by Beyoncé is in theaters today.

preview for Beyoncé’s Best Renaissance World Tour Looks

Every item on this page was chosen by a Town & Country editor. We may earn commission on some of the items you choose to buy.

There are no announced plans yet for the Renaissance concert film to be on any streaming platform, but there's a very good chance that after its theatrical run, it will be available on demand and hopefully streaming.

This isn't Beyoncé's first documentary—she's had a few notable films over the years including Netflix's Homecoming (2019), which gave fans a look into her headlining performance at Coachella in 2018 , Life is But a Dream (2013), which was an intimate portrait of the star as she became a mother, and Live at Roseland: Elements of 4 (2011) which went behind the scenes of her four night residency at Roseland Ballroom.

However, none of those premiered in theaters, so there's no example to follow. Rather, Beyoncé's Renaissance tour film could follow the same schedule as Taylor Swift's Eras Tour concert film , as they both made distribution deals directly with AMC theaters. The Eras Tour movie premiered on October 13, and will be available to rent on December 13, two months after its release. In that case, we can hope Renaissance: A Film by Beyoncé will be available to watch from the comfort of the couch sometime in early 2024, but we'll update this as soon as we learn more.

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Emily Burack (she/her) is the Senior News Editor for Town & Country, where she covers entertainment, culture, the royals, and a range of other subjects. Before joining T&C, she was the deputy managing editor at Hey Alma , a Jewish culture site. Follow her @emburack on Twitter and Instagram .

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beyonce concert tour revenue

In 1976, concert tickets cost less than $10. Now, they can go for thousands. What happened? 

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In 1976, Springsteen fans got to watch The Boss play “Thunder Road” and “Something in the Night” in Los Angeles for just under eight bucks, or under $44 in today’s dollars.  

Flash forward 46 years later, and some tickets for his 2022 world tour went as high as $5,000 on Ticketmaster . Fans were outraged. Even his fan magazine, “Backstreets,” shut down in protest.

In late 2022, Rolling Stone Magazine asked Springsteen if he regretted those prices. Springsteen said he wanted to see what his peers were charging, and then “charge a little less” than they were. “For the past 49 years or however long we’ve been playing, we’ve pretty much been out there under market value. I’ve enjoyed that. It’s been great for the fans,” he told Rolling Stone. 

They have indeed been under market value, or at least, very affordable. My colleague Carrie Barber provided me with a series of tickets from concerts that her husband attended in the 1970s, showing how jaw-droppingly cheap concerts were back then. A ticket for one of Springsteen’s concerts at the Santa Monica Civic Auditorium in the 28th row cost $7.50 in 1976. In San Diego, a 7th-row ticket cost $6.75. Even if you adjust those amounts for inflation, those tickets would be worth only $41 and $37, respectively, today.

beyonce concert tour revenue

Other acts in the ‘70s sold cheap tickets, including Elton John, who charged $10 for a show in 1975, which is equivalent to roughly $58 today. Elvis Costello charged only $5 in 1977, the equivalent of nearly $26 after adjusting for inflation.

Of course, not all tickets for popular acts go for thousands these days. The average ticket price for Springsteen’s concert was about $110 in 2023 and stands at about $276 so far this year, according to data from Pollstar, a trade publication that covers the live music industry. But that means a ticket might still be more than seven times the price it was back in 1976.

As concertgoers watched Springsteen that year, a couple of college staffers and their business partner one state over were busy launching a business that would end up becoming the world’s largest ticket seller. Ticketmaster, which was founded in Arizona in October 1976, would also end up becoming the business that people now blame for artists’ outrageously expensive concerts. 

Since then, the company has merged with the entertainment company Live Nation, creating what some dub a monopoly over the ticket business. In May, the Justice Department filed a lawsuit against Live Nation-Ticketmaster, arguing that the company engages in anticompetitive practices that lead to higher ticket prices and hurt smaller venues. 

When reached for comment, a Live Nation spokesperson directed Marketplace to an article on their website addressing the Justice Department’s claims and a fact sheet with a list of “myths” about the company. “A primary ticketing company only gets about 5% of the total transaction, a figure far too low to be the cause of high-ticket prices,” the website states. 

Marketplace spoke with experts who say the company controls many facets of the live music industry, potentially stifling competition, but the answer is more complicated than one company. Artists have raised concert prices as record sales have become a less reliable income stream for them; the biggest stars are only getting bigger, allowing them to charge even higher prices; and the rise of the secondary ticket market has made tickets scarcer, pushing up demand. 

How the entire music industry got flipped on its head

In 1976, not only were ticket prices cheap, but you paid the same price no matter where you sat, said Dean Budnick, the co-author of “Ticket Masters: The Rise of the Concert Industry and How the Public Got Scalped.”

“Generally speaking, during that time, there was one uniform price for tickets. And that was sort of part of the [rock ‘n’ roll] ethos of the time,” Budnick said. “Now it’s so granular. So granular. You can find shows with 20-30 different ticket prices based on where you’re seated.” 

Tours also served as a marketing tool of sorts, or a loss leader, to help promote the artist’s latest album, which is where the real money was, Budnick said. In Springsteen’s case, that album would’ve been “Born to Run,” which was released in the summer of ‘75. 

“So the thought was, ‘We’ll keep ticket prices artificially low or at a very comfortable level. And then fans will go, they’ll hear music, they’ll buy albums, they’ll become a part of the fan base, which again, will just lead them to buy more albums,’” Budnick said. 

But in the late ‘90s and early 2000s, music piracy gained popularity. Illegal file sharing cut into recorded music profits, which peaked in 1999 at $14.6 billion, the equivalent to $27.5 billion in 2024 dollars. Over the next 10 years, revenue plummeted in half.  

While Apple launched the iTunes store, allowing people to legally purchase music, profits failed to fully recover. 

“The solution to the problem was still pretty tough on the industry, because now they’re selling 99-cent singles instead of $20 albums,” said Brett Danaher, a data scientist and associate professor of economics and management science at Chapman University. 

The business model got flipped on its head. From 1996 to 2003, the average price for a concert skyrocketed by 82%, while the consumer price index increased by 17%. 

“Concerts are the primary profit center, and recordings oftentimes are a means of promoting the concerts themselves,” Budnick said. 

So artists and their teams are actually one of the main drivers behind higher ticket prices, and popular touring artists can end up taking home 90% of ticket revenues, he said. 

While some select musicians make millions from touring, they do have an entire ecosystem they need to support. Music subscription services will only net them a fraction of a penny for a stream. And last year, recorded music revenue amounted to $17.1 billion , an increase from last year but a huge departure from the industry’s glory days. 

The cost of producing shows has gone up, which gets baked into the cost of a ticket, said Serona Elton, professor of music industry at the University of Miami. 

Some artists have very complicated shows, with movable sets, pyrotechnics, high-wire harnesses and LED screens, Elton said. And as production complexity increases, so do labor costs. You need highly skilled people to set up these “technical marvels,” she said. 

COVID-19 stay-at-home orders also created pent-up demand for live shows, leading consumers to start “revenge spending” on tickets.   

Many artists still do sell cheap tickets, but the biggest artists are able to charge ever-increasing prices. This is what Danaher calls “superstar effects.” He said there’s a greater concentration of interest in music from the very top artists, so the concert tickets for these mega stars are rising higher than the rate of inflation. 

“The guys you’ve never heard of were 10 bucks, and U2 was 60 bucks. And now the guys you’ve never heard of are 20 bucks, but U2 is 400 bucks,” Danaher said. 

The role of StubHub and Ticketmaster

Prices have also gone up thanks to the rise of ticket reselling companies, like StubHub, which was founded in 2000, Budnick said. Scalpers are gobbling up tickets, making them scarcer, which then puts upward pressure on their price on the primary and secondary market.

Ticketmaster’s dynamic pricing model exacerbates this phenomenon by allowing the price of seats to change in real time based on demand, Budnick said. Even though ticket prices on the secondary market can be artificially inflated, artist managers and agents might decide these are the true market value of these tickets, Budnick said. 

As a result, they might ask for a larger guarantee from the promoter the next time they sell tickets, causing “prices to go up a notch in the long run,” Budnick explained. 

Resale tickets for the “Springsteen on Broadway” tour back in 2017 went as high as $10,000, even though retail prices ranged from $75 to $850. Tickets for Taylor Swift’s “The Eras Tour” in Inglewood, California, sold for between $49 and $449 on the primary market, but reached up to $11,000 on StubHub. Some resellers say they’ve even been able to sell Swift tickets for $20,000.

Ticket service fees are also higher, and Ticketmaster can charge around 35% of the ticket’s face value or more, Budnick said. 

Ticketron, a platform that existed from the mid-1960s to the early 1990s until it was acquired by Ticketmaster, charged customers a small service fee, Budnick said. Before 1982, the fee was $1 or less, Budnick added. 

Ticketmaster changed the game after Fred Rosen took over as CEO of the company in 1982. He struck business deals with venues that allowed them to share those service fees, Budnick said. 

“Under the Ticketmaster model, fees immediately jumped, often more than doubling … to ensure that Ticketmaster would take home more profit, and the venues received a healthy sum as well,” Budnick said. Ticketmaster was an upstart at the time, and wanted to gain market share by making its clients (the venues) happy, Budnick said. 

“Ticketmaster would get an exclusive right to sell all the tickets in the venue. And in exchange for that right not to share inventory, but to exclusively sell them all, Ticketmaster would give the venue a signing bonus, and would oftentimes advance money against service fees,” Budnick said. 

That is still the company’s business model today, Budnick said. “Some of those fees will go to the building, some of those fees will go to the promoter, some of those fees will go to Ticketmaster,” Budnick said.

Will prices ever go down?

The concert space might succumb to the same fate as recorded music did after the ‘90s, Danaher said. Virtual reality technology is improving, and some artists are now offering VR concerts . Danaher said he thinks that prices will decline as more and more concerts become digitized and people pirate these recorded events.

But before VR technology potentially changes the live music industry forever, the federal government and state lawmakers are trying to use legal remedies to combat high ticket prices.

The Justice Department is trying to break up Live Nation and Ticketmaster to accomplish that goal, but experts are skeptical. While some of the service fees you pay go to Ticketmaster, it does not determine the face value of the ticket, Budnick pointed out. 

Regulating the secondary ticket market could make a difference, Budnick said. 

Minnesota enacted a series of reforms in May that will require sellers to disclose the full price of the ticket, including fees and charges; prohibit people from trying to sell multiple copies of one ticket; and ban resellers from selling tickets before they’re actually available. Maryland passed a similar bill that month. 

We’ll never go back to the days of 1976 concert ticket prices. But Budnick thinks actions like these could provide consumers with some financial relief. 

In the meantime, artists are finding ways to make their concerts more accessible to their fans (while also gaining a new revenue stream). Swift struck a deal with AMC to debut “The Eras Tour” on the big screen. And a new Bruce Springsteen documentary of his world tour is coming out this October. 

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beyonce concert tour revenue

Beyoncé Wears Stunning Metallic Pink Jumpsuit With Matching Cropped Jacket

preview for Beyoncé’s Best Renaissance World Tour Looks

On Saturday, Beyoncé shared yet more incredible looks from her Renaissance Tour with pics taken from her concert in Minneapolis at Huntington Bank Stadium. The first was a stunning metallic pink ensemble composed of a one piece with a corset-inspired bodice and short-shorts under a cropped jacket with wide lapels. The jacket transformed into a glorious cape behind her, swaying as she moved to the music.

On her feet were a pair of thick-soled heels in pink over knee-high glittering pink socks. She also accessorized with pink sunglasses, and left her long straight honey-blonde hair down, picking up the pink reflection from her outfit.

The second look was custom Alexander McQueen, a full bodysuit made of see-through material patterned with black polka dots. Along one side, a metallic horse rode up her thigh, kicking its legs across her bodice. The horse was composed of thousands of silver sequins, and stretched over one arm and around her back to her posterior.

She wore it with a pair of black heels with open toes and a thin ankle strap and accessorized with a pair of sparkling earrings.

On Sunday, she shared some images from Chicago's stop, including this dramatic look with a black minidress and off the shoulder cape that hung around her body in waves. It was covered in sculptural feather details that caught the light as she performed.

The Renaissance Tour began in May of this year in Stockholm, Sweden, and she finished her European tour before starting the rounds in the United States. While there is a pretty extensive list of stops in North America, the concert in Pittsburgh was canceled soon after tickets went on sale.

The venue, Acrisure Stadium, revealed the news Twitter, writing, “Due to production logistics and scheduling issues, unfortunately the August 3rd Pittsburgh stop of the RENAISSANCE WORLD TOUR will not be taking place.”

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“I love you, Lizzo!”

preview for Beyoncé’s Best Renaissance World Tour Looks

Beyoncé’s nod to Lizzo came in the middle of her performance of “Break My Soul (The Queens Remix),” which Bey collaborated on with Madonna. The remixed version of the song features a verse in which Beyoncé lists the names of great Black female singers, including younger sister Solange Knowles, Nina Simone, Kelly Rowland, and Lizzo.

After singing Lizzo’s name, Beyoncé shouted into her mic, “I love you, Lizzo!”

The shout-out comes in the wake of Beyoncé’s August 1 show in Foxborough, Massachusetts, at which Lizzo’s name wasn’t mentioned during the performance of the song.

August 1 was also when the former backup dancers—Arianna Davis, Noelle Rodriguez, and Crystal Williams—filed the lawsuit against Lizzo, her production company Big Grrrl Big Touring Inc., and her dance team captain, Shirlene Quigley.

The suit describe an incident in which Lizzo allegedly coerced her dancers to attend a strip club and to touch nude performers during the show. Davis also claims Lizzo shamed her for gaining weight as a result of stress eating from anxiety and depression, which she says the Grammy winner was aware of.

Lizzo has since spoken out about the accusations, via a statement posted on Instagram.

“My work ethic, morals and respectfulness have been questioned. My character has been criticized. Usually I choose not to respond to false allegations but these are as unbelievable as they sound and too outrageous not to be addressed,” she wrote. “These sensationalized stories are coming from former employees who have already publicly admitted that they were told their behavior on tour was inappropriate and unprofessional.”

The plaintiffs later responded to Lizzo’s statement. In a message shared with Bazaar.com, their attorney said, “Lizzo has failed her own brand and has let down her fans. Her denial of this reprehensible behavior only adds to our clients’ emotional distress. The dismissive comments and utter lack of empathy are quite telling about her character and only serve to minimize the trauma she has caused the plaintiffs and other employees who have now come forward sharing their own negative experiences. While Lizzo notes it was never her intention ‘to make anyone feel uncomfortable,’ that is exactly what she did to the point of demoralizing her dancers and flagrantly violating the law.”

Headshot of Chelsey Sanchez

As an associate editor at HarpersBAZAAR.com, Chelsey keeps a finger on the pulse on all things celeb news. She also writes on social movements, connecting with activists leading the fight on workers' rights, climate justice, and more. Offline, she’s probably spending too much time on TikTok, rewatching Emma (the 2020 version, of course), or buying yet another corset. 

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COMMENTS

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    Live Nation, the tour's promoter, also announced that the Renaissance World Tour sold 2.7 million tickets. The venture traveled to 39 cities, and Beyoncé headlined 56 dates throughout the summer ...

  4. Taylor Swift and Beyoncé concert tours deliver record-breaking ...

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    B Beyoncé crowned May 's Top Tours chart before sliding back to No. 2 in June. Back with a vengeance, she's at No. 1 for July with record-breaking revenue. According to figures reported to ...

  6. Beyoncé's Renaissance World Tour: How Much Money Could it Make?

    Given her consistent sell-out stadium business and an expected 30%-plus lift on ticket prices, the Renaissance world tour could be earning $6.8 million-$7.5 million per show. At the low end of ...

  7. Beyoncé's Renaissance World Tour Shatters Record For Highest-Grossing

    In August, Beyoncé's Renaissance World Tour grossed $179.3 million, making it the highest one-month gross for tours since Billboard began tracking tour earnings through Boxscore—its touring ...

  8. How much is Beyoncé worth? Her earnings from Renaissance Tour and

    A breakdown of Beyonce's wealth. Accessibility statement ... Revenue per tour in 2023 dollars. $579.8m. $323.1m ... "When you have a hometown hero like Beyoncé coming back for a major concert ...

  9. Beyoncé's Renaissance World Tour by the numbers, records

    All in all, Beyoncé 's ninth concert tour pulled in $579 million, making it the highest-grossing tour by a female artist in history, and the seventh-highest-grossing tour overall. Beyoncé ...

  10. Beyoncé's Renaissance World Tour Becomes Highest Grossing Tour By Black

    After 33 shows, box office data shows, Beyoncé's Renaissance World Tour has become the high-grossing tour of her career, with $295,676,504 in sales. This becomes the highest-grossing

  11. Beyoncé's Renaissance Tour Brings In Half-Billion Dollars ...

    Key Background. In February, when tickets for Beyoncé's tour went on sale, Billboard estimated the months-long tour would generate between $275 million and $428 million in ticket revenue alone ...

  12. Beyoncé May Earn $2 Billion From Her 57-Concert Renaissance World Tour

    These predictions come in as another high-demand tour is making its way across the U.S.: Taylor Swift's Eras concerts, which are expected to hit $1.9 billion in revenue, coming in some $500 ...

  13. Beyoncé's 'Renaissance World Tour' Rakes In $579M In Revenue

    Variety reportsher masterful "Renaissance World Tour," produced by Parkwood Entertainment,generated over $579 million in revenue. These numbers are supported by 2.7 million fans who were adorned in silver outfits and jewelry across 56 dates in 39 cities. The Renaissance world tour is the most revolutionary tour of the century.

  14. Beyonce's Renaissance World Tour Earns $154 Million on ...

    The Renaissance World Tour continues with 36 shows in the U.S. and Canada, kicking off on July 8-9 in Toronto. If Beyoncé continues at this pace, the North American leg would gross $264 million ...

  15. Beyoncé's 'Renaissance' tour breaks all-time record: Report

    SANTA CLARA, Calif. - Queen Bey is once again proving she is royalty. The "Break My Soul" singer just broke some records. Beyoncé's 'Renaissance World Tour' has become the highest-grossing tour ...

  16. Beyoncé and Taylor Swift's 2023 tours could break revenue records

    It also means Beyoncé's Renaissance tour and Swift's Eras tour could be on the path to break the $1 bil lion mark and become the biggest-ever tours by revenue, according to some estimates ...

  17. Beyoncé and Taylor Swift are 2023's biggest concert tours ...

    With Swift launching her international dates in Mexico this week and Beyoncé wrapping her tour in Kansas City in October, here's a by-the-numbers comparison of 2023's two most monumental ...

  18. Beyoncé Makes History With Astronomical Renaissance Tour ...

    The concert series has generated $296million from 33 shows so far, with 23 still left on the schedule. Her 2016 Formation World Tour held the previous record. AD

  19. Beyoncé expected to earn BILLIONS from Renaissance World Tour

    Now, it is reported that the singer could earn a whopping $2 billion dollars (£1.6 billion) for her shows. Bey's most recent tour, 2018's On The Run II with husband Jay-Z, grossed $276 million ...

  20. Beyoncé's world tour bringing in record numbers before Thursday's D-FW stop

    Beyoncé's tour has earned $127.6 million in total gross revenue over 11 shows between July 8-30, the largest one-month sum for any artist since Billboard started tracking tour data across various ...

  21. 'Taylornomics' and Beyoncé's Renaissance World Tour: what are the most

    Beyoncé has easily surpassed the takings of both her 2016 The Formation World Tour, which earned $256 million, and her 2013-2014 The Mrs. Carter Show World Tour, which made $229 million.

  22. Beyonce's Renaissance World Tour Is Heading for $500M+ Finish

    To reach $500 million, the Renaissance World Tour will have to gross $8.9 million per show. But that'd represent a 24% drop from the first batch of U.S. & Canada dates, and there's no reason ...

  23. How to Get Tickets to Beyoncé's Renaissance Tour Concert Film

    Unlike Taylor Swift's Eras Tour concert film, Beyoncé's film is part documentary, part concert footage—similar to her 2019 film, Homecoming, which documented her headlining Coachella. The Eras ...

  24. Beyoncé 'Renaissance' Tour Could Outearn Taylor Swift ...

    Using similar assumptions regarding her take of merchandise sales at the concerts and tour expenses, Swift would net $553 million — assuming an average ticket price of $215 — and as much as $1 ...

  25. Will Beyonce's Renaissance Tour Concert Film Be on Streaming?

    Rather, Beyoncé's Renaissance tour film could follow the same schedule as Taylor Swift's Eras Tour concert film, as they both made distribution deals directly with AMC theaters. The Eras Tour ...

  26. What to Know About Beyoncé's Renaissance Tour Movie

    Alert the Beyhive: Beyoncé's Renaissance World Tour is getting the full concert-film treatment.. Multiple outlets including Variety and Deadline have reported that singer's fashion-filled ...

  27. In 1976, concert tickets cost less than $10. Now, they can go for

    In the meantime, artists are finding ways to make their concerts more accessible to their fans (while also gaining a new revenue stream). Swift struck a deal with AMC to debut "The Eras Tour ...

  28. A look back at 6 times Beyoncé has 'gone country,' ahead of ...

    Beyonce performs onstage with Emily Robison, Natalie Maines, and Martie Maguire of The Chicks at the 50th annual CMA Awards at the Bridgestone Arena on Nov. 2, 2016.

  29. Beyoncé Wears Stunning Metallic Pink Jumpsuit With Matching ...

    On Saturday, Beyoncé shared yet more incredible looks from her Renaissance Tour with pics taken from her concert in Minneapolis at Huntington Bank Stadium. The first was a stunning metallic pink ...

  30. Beyoncé Proves She Has No Drama With Lizzo at Atlanta Show

    August 1 was also when the former backup dancers—Arianna Davis, Noelle Rodriguez, and Crystal Williams—filed the lawsuit against Lizzo, her production company Big Grrrl Big Touring Inc., and ...