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Taylor Swift Concerts Generate Economic Impact Comparable to Super Bowl Events Taylor Swift's performances have an economic impact nearly on par with the Super Bowl, reveals a Bank of America Institute report. Utilizing credit and debit card transactions, the analysis highlighted the significant surge in local spending associated with stadium events. Specifically, Swift's Eras Tour stops in Pittsburgh rivaled the financial stimulus of the 2023 Super Bowl in Phoenix. With the tour grossing over $1 billion and averaging 54,000 attendees per show, Swift's concerts boosted Pittsburgh's restaurant and bar spending by 13% year-over-year, contributing to a 3% overall increase in local business revenue. This comparison underscores the popstar's formidable economic influence, rivaling major sports events in driving local economic activity. #taylorswift #ErasTourBoost #superbowlcomparison #StadiumEventsEconomy #pittsburghpulse #SwiftieStimulus #ConcertCommerce #musicmeetseconomy #swifteconomy #bankofamericareport #financialmelody #economicharmony #popstarpower #swifteffect #localbusinessboom #ConcertEconomicImpact #tourrevenue #EconomicInfluence #musicindustryeconomics #SwiftVsSuperBowl

There's more to a Taylor Swift concert than meets the eye. As hundreds of thousands of unaware patron’s flock to stadiums in Sydney and Melbourne, all eyes are on Taylor. Yet, these events wouldn't be possible without the tireless work of industry professionals who dedicate countless hours to set up. This is where Find Me Labour comes in. While we may not be Taylor Swift, we certainly know "All Too Well" the ongoing difficulties and planning that goes into these events. That's why FML has designed an easy-to-use application that will take one of the biggest problems out of the planning stage: finding industry professionals. Just like Taylor's song "Begin Again," each concert is a new start, requiring meticulous planning and execution. FML understands the importance of finding the right people for the job, ensuring that every aspect of the event, from "State of Grace" to "Enchanted," is executed flawlessly. Our platform streamlines the process, making it as smooth as "Red" and ensuring that you can "Stay Stay Stay" focused on the big picture. With FML, you can leave the "Trouble" of finding industry professionals behind and focus on creating an unforgettable experience for concertgoers. So, whether you're planning the next "Love Story" tour or a smaller event, FML is here to help you "Shake It Off" and make it a success. #swifties #getitdone #entertainment #findmelabour

New Post: New York’s UBS Arena Is Hitting Its Sophomore Stride in 2024 Following Rocky Launch - https://lnkd.in/ggpMdjdZ - What a difference a year makes. After a difficult post-pandemic opening in late 2022, UBS Arena in Elmont, N.Y., has found its footing in its sophomore year, nearly doubling its year-over-year gross on Billboard’s 2024 mid-year rankings and finding its stride in the busy New York Metro market. At the mid-year point in 2023, UBS Arena had posted $22 million in gross concert receipts from 39 shows. This year, the venue has posted $42 million in gross receipts from 56 shows. Related U2 & Sphere Dominate Billboard Boxscore’s Midyear Recap as Top 10 Tours Gross a… 05/30/2024 That success comes from building off 2023 sellouts that included two nights of Bruce Springsteen, two nights of SUGA and shows from Blink-182, Peso Pluma, Aerosmith and Billy Joel. In 2024, UBS has already seen sellouts from Stevie Nicks, Elevation Worship, Machel Montano, ENHYPEN, Aventura (two nights), Drake (two nights) and Zach Bryan (two nights). Delayed by pandemic-related construction issues, including the Metropolitan Transportation Authority missing a key date to connect the venue to the Long Island Rail Road, UBS Arena struggled with attendance early on. USB Arena “There was really no playbook on how to open an arena in the most competitive major market in the world during a pandemic,” says Mark Shulman, senior vp of programming at the Oak View Group-managed arena, which was built in partnership with the New York Islanders. “You can take everything that we know about how to launch a venue and you throw it all out because so many of those strategies just weren’t feasible at the time,” Shulman adds of the 745,000-square-foot, 17,200-seat hockey and entertainment arena designed by Populos and constructed by Aecom Hunt. “But what was undeniable is that UBS Arena is a world-class, stunningly beautiful and acoustically superior venue. And we had a highly experienced team that we assembled. We had the right people for the challenge.” The first order of business was tapping into the diversity of Nassau County and the nearby borough of Queens, “which are some of the most diverse areas in America,” says Shulman. “They have residents coming from 120 countries. They speak 130 languages. We spend a lot time developing inclusive programming that reflects that diversity and we’ve had great success with not only rock, pop and country, but also Caribbean, soca, K-pop, C-pop and artists from India.” Related

There is no one-size-fits-all design to accommodate all the world’s staging needs. From theaters and banquet halls to educational facilities and arenas -- every venue, every group and every production has its own set of criteria and needs. Stability and strength are critical, but portability and user-friendly convenience are also essential. Here are four trends that bring increased flexibility and functionality to the performing arts arena: https://lnkd.in/g_q-qkiP

Snorkeling the Great Barrier Reef. Fireworks over the Sydney Opera House. The Burj Khalifa. The Taj Mahal. The Great Wall. I’ve been fortunate to travel all over the world. But it hasn’t been because of luck. I’ve built this life for myself through my: • Choices • Actions • Risks For my first big deal, a co-worker's dad invested $520,000 to make the acquisition. Sounds like luck, right? But I met him through his son, who had majored in real estate (like I did). We worked at the same place (a real estate firm). My co-worker’s dad had met hundreds of people in real estate before I came along. But it was my deal he invested in. Why? Because I took action. I spent days analyzing deals. And I pitched him the best ones. Have I been fortunate in life? Certainly. But lucky? ✅ You create your own luck. ✅ You create your own fate. ✅ You create your own reality. – P.S. If you're interested in experiencing more freedom through passive investing, send me a message. We'd be happy to walk you through how we're helping others passively invest in real estate to attain more financial and time flexibility.

How did Fred Again do it? I watched Fred Again fill the Los Angeles Coliseum last night—announced less than a week ago! The crowd was so packed we couldn’t reach our seats. We found an empty spot and settled in. How did he manage this? Huge names such as Jennifer Lopez canceled tours and the Black Keys downgraded venues. While most artists face “revenge spending” hangover, Fred Again thrived. Is it all inflation driven macro trends driving ticketing to unsustainable levels? Is he another “Taylor Swift” level outlier phenomenon? Are old metrics like total streaming numbers, social media followers and earned media outdated predictors of ticket sales? Are agents now focusing on recent streaming numbers and social media engagement to predict ticket sales and book venues? Tools like Jeff Ponchick Mogul exist for aggregated royalty optimization. Is there a similar unified dashboard that track multi-platform fan sentiment and optimize touring and merchandise forecasting? Ccing the experts here who might know better: Rob Abelow Rob Bonstein Alex Pall Drew Thurlow Mike Warner Dan Runcie Charles Gadsdon

Here’s Toronto's ambitious plan to enhance the city's cultural appeal for residents, visitors, and support economic growth in the creative sector. While Calgary focuses on significant infrastructure projects, I advocate for diverse investments in artists, cultural organizations, and creative industries. Additionally, expanding small-scale cultural initiatives can enrich neighbourhoods and enhance the urban fabric of our communities. Cities such as London and Sydney are prioritizing affordable spaces for artists to thrive, emphasizing the importance of retaining talent and their place as global cultural centers. It will be interesting to see whether Calgary and other cities also take inspiration from these initiatives and whether addressing affordability for arts and culture along with investment for creative industries will be an increasing municipal priority? #Calgary #Culture #CreativeEconomy #CommunityDevelopment #UrbanPlanning

This is terrific. Arts and Culture are vital for our economy, our quality of life, our children, and our identity as Canadians. I look forward to the Province and Federal government continuing to fund these vital institutions. How many of our musicians, artists, theatre practitioners, dancers, or arts organizations have benefitted from government grants? If you want to support innovation and critical thinking - fund the arts.

Did you know that marquee lights, often seen in theaters and event venues, have a history that dates back to the early 20th century? Originally designed to capture attention and create atmosphere, they have now become a timeless symbol of entertainment. What's your favorite marquee moment? #Marqueeletters #marqueenumbers #wedding #birthdayparties #birthdaydecor #weddingdecortrends

In our latest column, Bea Link takes a look at the stratospheric success of Taylor Swift, her blockbuster Eras Tour, and the lessons that the consumer-facing sector can learn about the power of fan culture.