Beyonce To Follow Taylor Swift But Earn Half Than Her? To Release The Renaissance Tour As A Film But Will Earn Around $560 Million Than Tay’s $1 Billion Projection As Worldwide Gross! [Reports]
Beyonce is following Taylor Swift's way to release The Renaissance Concert film in theatres in December. Read on to know more.
After Taylor Swift, Beyonce To Release The Renaissance Concert Film IN Theatres & It Is Expected To Earn $560 Million In Ticket Sales(Photo Credit –Instagram)
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American singer and songwriter Beyonce is renowned for her powerful and emotive vocals and her captivating stage presence. The singer has been on the Renaissance World Tour, covering Europe and North America. Now it seems she will follow Taylor Swift and release a film based on her hit tour.
For the unversed, The Renaissance World Tour marked the ninth concert tour by Queen Bey. It stands as her most financially successful tour to date, and the tour’s announcement came on February 1, 2023, as part of her commitment to promote her seventh studio album, “Renaissance.”
According to a report from Variety, the mega-agency CAA initiated preliminary discussions with major studios and streaming platforms two weeks ago. The report also emphasized the importance of these players being prepared to bid on a project that the iconic artist has nurtured for years. This project is set to encompass elements from her immensely successful 2023 live performances, portions of the long-awaited visual album “Renaissance,” and a documentary-style narrative detailing the record’s creation and the tour, with potential appearances by Blue Ivy Carter.
Furthermore, insiders have indicated that the project targets a wide release on December 1. Furthermore, by the tour’s conclusion, the Renaissance World Tour is anticipated to amass a staggering $560 million in ticket sales. The Looper report predicts that Taylor Swift’s Eras Tour Concert film will earn $ 1 Billion at the box office.
Beyoncé’s deal comes shortly after Taylor Swift secured her own agreement for a concert film centred around her immensely popular Eras Tour. Reports have indicated that the terms of Swift’s deal are exceptionally advantageous, as she personally funded the project and is set to receive over half of the box office earnings. Beyoncé’s arrangement mirrors Swift’s, and she is poised to earn more than 50% of the global box office revenues, as noted by an insider. The industry is closely monitoring Swift’s experiment with AMC, anticipating an opening exceeding $100 million in October.
