Taylor Swift Sells ‘Eras Tour’ Concert Film Rights to Disney+ for More Than $75 Million (Report) | Variety
Taylor Swift, the powerhouse singer-songwriter-entrepreneur, continues to make waves in the entertainment industry with her blockbuster Eras Tour. Disney has reportedly secured the exclusive streaming rights to “Taylor Swift: The Eras Tour (Taylor’s Version)” for more than $75 million, outbidding competitors like Netflix and Universal Pictures. This deal marks another significant milestone in Swift’s career, adding to her already impressive repertoire.
The theatrical release of “Taylor Swift: The Eras Tour” garnered a staggering $261.7 million globally, solidifying its status as the highest-grossing concert film to date. Shot during the first three L.A. shows of the Eras tour, the film captures Swift’s electrifying performances, albeit with some songs omitted from the original cut. However, Disney’s acquisition of the streaming rights promises an expanded version featuring additional songs, including some from Swift’s acclaimed album “Folklore.”
With the debut of the expanded version slated for March 15 on Disney+, fans can anticipate reliving the magic of Swift’s tour from the comfort of their homes. The inclusion of bonus songs like “Cardigan” and four acoustic tracks adds further excitement to the streaming release. Disney CEO Bob Iger expressed confidence in the audience’s enthusiastic response to the upcoming stream, underscoring the anticipation surrounding Swift’s work.
Beyond her music endeavors, Swift’s partnership with Disney extends to other projects, including her directorial feature-film debut based on her original script. Moreover, the digital release of “Taylor Swift: The Eras Tour” on Swift’s birthday, along with her recent Grammy wins and album announcements, highlight her continued dominance in the music industry. Projections suggest that her Eras Tour could surpass $2 billion in gross ticket sales by 2024, further cementing her status as a cultural icon………[read more]
Rising Dough
How do strategic partnerships, like Taylor Swift’s collaboration with Disney for exclusive streaming rights, impact both the entertainment industry and the artists involved?
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Taylor swift collaboration with Disney impacts the entertainment industry by making Disney more powerful. Disney is already a powerhouse in the entertainment industry, so by having Taylor swift exclusively swifties will buy Disney+ Subscription just for Taylor potentially earning Disney a large profit. This will also be a benefit for artist because if it’s a success other artist may follow suit selling their tours to companies for a large profit.