By Srikanto Mandal 20 October, 2023
All Photo Credit: Instagram/@taylorswift
Taylor Swift: The Eras Tour has already made at least six times its budget, with a gross of $123 million against an estimated $10 to $20 million budget.
Taylor Swift produced and distributed the film herself, eliminating the need to share profits with a major studio.
The film holds the record for the highest-grossing concert film of all time, surpassing Justin Bieber's 2011 film.
By releasing the film independently, Swift stood in solidarity with striking SAG-AFTRA members and demonstrated the power of independent filmmaking.
Despite competing against major studio releases like The Exorcist: Believer and Saw X, Taylor Swift: The Eras Tour emerged as the box office victor.
The film holds the second-highest-grossing October opening in history, trailing only behind the 2019 blockbuster Joker.
Despite lacking the marketing muscle of a major studio, the film thrived on Taylor Swift's own promotional efforts, including a star-studded premiere.
The film broke the record for the biggest IMAX opening for a concert film, surpassing Michael Jackson's This Is It.
Despite announcing a Friday release, Swift added Thursday previews, demonstrating her ability to draw audiences on short notice.