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Taylor Swift's Eras Tour could give the UK economy a $1.2 billion boost - TL;DR CNBC

Taylor Swift's Eras Tour could give the UK economy a $1.2 billion boost

Publishing timestamp: 2024-05-16 03:24:17


Summary

Barclays predicts Taylor Swift fans will spend over $1000 on average to see her on U.K. leg of Eras Tour, providing a $1.2 billion boost to U.K. economy. "Swiftonomics" describes the economic influence of musician, with fans spending big on tickets, accommodation, travel, merchandise, and more. Superstar musicians like Swift, Beyoncé, and Bruce Springsteen have been observed to have a significant economic impact through their tours.


Sentiment: POSITIVE

Tickers: BARC-GB

Keywords: taylor swiftentertainmentbeyonceconcertsbusiness newsbarclays plcmusic

Source: https://www.cnbc.com/2024/05/16/taylor-swifts-eras-tour-could-give-the-uk-economy-a-1point2-billion-boost-barclays.html


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