How do you measure the impact of a musician in the 2020s? Streams can be bought. Awards can be finessed. Is it when demand for show tickets leads to a congressional hearing about Ticketmaster’s policies? Or when flight attendants shout out a fanbase making a pilgrimage to see the opening night of a tour, in a city officially renamed to Swift City to mark the occasion? Or when one lyric launches a global resurgence of trading friendship bracelets? Nearly a decade ago, Time ran a headline declaring ‘Taylor Swift Is The Music Industry’ and those with even the slightest pulse on pop culture could tell she’d only grown more omnipresent since. It all led to Midnights and “The Eras Tour.” In March 2023, Taylor debuted a discography-spanning setlist that lasted over three hours and kicked off an aptly-named stadium run, destined to become the highest-grossing concert tour of all time. In 2023, Taylor Swift single-handedly was Pop Culture.
She kept her promise, revealing on social media that the record (unsurprisingly) contains 13 tracks. “This is a collection of music written in the middle of the night, a journey through terrors and sweet dreams,” she wrote. “The floors we pace and the demons we face. For all of us who have tossed and turned and decided to keep the lanterns lit and go searching — hoping that just maybe, when the clock strikes twelve … we’ll meet ourselves.”
Before closing out her speech, she also said: “Writing songs is my life’s work, and my hobby, and my never-ending thrill. I am moved beyond words that you, my peers, decided to honor me in this way for work I’d still be doing if I had never been recognized for it. […] Writing songs is a calling, and getting to call it your career makes you very lucky. You have to be grateful every day for it, and all the people who thought your words might be worth listening to. This town [Nashville] is the school that taught me that. To be honored by you means more than any genre of my lyrics could ever say. Thank you.”
In 2022, Taylor invested a lot of time into growing her network in the film industry. But it still came as a surprise when it was announced on December 9 that she would be making her feature directorial debut with Searchlight Pictures. She had written an original script, which would be produced by the Oscar-winning studio behind Nomadland and The Shape of Water. Other key details, like a plot and casting, were still being kept under wraps, but landing the project from the world’s most successful musician was a coup for the studio:
The 14-minute production of “All Too Well: The Short Film,” which Taylor wrote and directed, screened at the 2022 Tribeca Film Festival and Toronto International Film Festival. It also had a special screening for the Director’s Guild of America, held at LucasFilm headquarters in San Francisco on November 20.
Fan demand broke Ticketmaster, and that was just the prologue. A Taylor Swift stadium tour – her first since 2018, owing to the pandemic – was always going to be an event. But “The Eras Tour” had surpassed mere pop spectacle and became a mass cultural phenomenon. It existed in the physical world, bringing record-breaking crowds to a different US city each weekend between March and August. It generated unceasing buzz, with headlines on anything from the Ticketmaster Controversy to her romantic life to how far people were willing to go for tickets. (One Massachusetts father, for example, shelled out $21k to go last-minute.) And it existed in a vast, ever-expanding digital world of clips, reactions, live-streams, dissections and analysis. Discovery pages on Instagram and TikTok were predominantly filled with “Eras Tour” content; even the algorithm loved Taylor Swift.
The global takeover by “The Eras Tour” was owed in a large part to the show itself of course, which was a stunning showcase of pop’s most prolific songwriter’s ridiculously prodigious catalog. Music critics found it stupefying – a concert the length of the movie
Titanic, covering 17 years worth of potent nostalgia, turbocharged by the screaming of 70,000 people. It was fan service at its most bombastic and virtuosic – a flex and a celebration, tying together years of growth and hype.
It was also the culmination of years of world-building and Swiftian mythology. Ever since her debut in 2006, Taylor had cultivated a uniquely close relationship with her fans, posting on MySpace, commenting on their Instagrams and Tumblr blogs, embedding secret messages in the liner notes of her CDs, and holding
Secret Sessions. With each album cycle, she had expanded on Easter eggs and clues playing on color coding, numerology and of course her lyrics. The result was a very loyal (and enormous) fan base primed to close-read Taylor’s every move, on-stage or off, as an all-consuming search for clues with personal ties to the star. As Taylor told
Entertainment Weekly in 2019 of her fans’ detective work: “I’ve trained them to be that way.”
Taylor being a proud resident of New York City didn’t stop other cities around the US from showering her with honors when she visited with “The Eras Tour”. The trend was started with Glendale (Arizona), where Taylor kicked off the tour. It officially temporarily changed its name to “Swift City” in honor of her impending arrival. Soon, other government officials were falling all over themselves to welcome her in similar fashion.
“We know Glendale changed its name, Arlington made a street sign and Vegas illuminated their Gateway Arches. But here in Tampa, we’ve got a reputation to uphold. We want to go bigger.” Those were the words of Tampa’s mayor, who presented Taylor with a key to the city on April 10. Taylor was invited to reign as many a city’s honorary mayor for the duration of her stay. She ignored every single one of those honors, except for one: Swiftie Clara.
Another memorable “rain moment” happened at Gillette Stadium (well-known within the fanbase for Taylor’s first “Rain Show” back in 2011) during the acoustic section of the show. Before Taylor could begin to play the notes on the piano—or even announce the song the audience—the keys started playing without her touching them. ”I didn’t play that. So that means-,” she said as she got cut off from the booming low notes once again. That’s when Taylor’s jaw dropped as over 65,000 crowd members laughed and screamed at what was unfolding. “This has clearly broken my keyboard,” she told the crowd. “It was like, literally underwater. I didn’t know how any of the instruments were working last night. So this is broken, I’m just gonna get the guitar. It’s gonna be fine.”
The final highlight was definitely the two nights of earth-shaking dancing at Taylor’s Seattle “Eras Tour” concert at Lumen Field on July 22 and 23. Enthusiastic Swifties caused seismic activity equivalent of a 2.3 magnitude earthquake. “Swiftquake”, as media outlets called it.
While Taylor was having the most successful year for any musician this century, she clearly recognized that she couldn’t have done it on her own. She reportedly gave bonuses totaling more than $55 million to those working on her show. That money was distributed to her dancers, riggers, sound technicians, catering—and truckers. Multiple sources reported that Taylor gave $100,000 bonuses to each of the 50 truck drivers of her tour before the Saturday night (July 29) show in Santa Clara, California—those amounts alone total more than $5 million. Mike Scherkenbach, founder and CEO of Shomotion trucking company, had worked on several Taylor tours. He referred to the money as “unbelievable,” “generous,” and “life-changing:”
Scherkenbach noted that some of his drivers initially thought it was a joke—most artists touring stadiums typically give drivers an extra $5,000 to $10,000. But, he said, in addition to the check, Taylor even included a handwritten note of gratitude to each driver.
Then, in August, Taylor wrapped up the first US leg of “The Eras Tour”. For better or worse, the Taylormania continued, this time in the streets of New York City or outside of private gatherings, like the wedding location of Jack Antonoff and Margaret Qualley on the Jersey shore. Hundreds of wedding crashers showed up in hopes of glimpsing Taylor.
Footage from the event depicts a massive crowd of “Swifties” gathered at the New Jersey venue as Taylor made her way over to the wedding rehearsal dinner. Photos show onlookers waiting outside the ceremony and reception too. In the videos shared on social media, fans could be heard screaming and chanting Taylor’s name while the rapid flashes of paparazzi cameras illuminated her shocked face. Police cruisers can also be seen among the throng of spectators, blocking off parts of the street where the dinner was held. The clips of the people causing a scene during the wedding festivities sparked a discourse on social media about toxic fan culture. A handful even went so far as to call the uninvited guests “stalkers.”
Taylor didn’t let these intense moments stop her from living her life. As she had done all summer, she met up with her friends and went to the studio, even though some (strange) people followed her car around town, all the way to the garage at her apartment building. She also made the whole place shimmer when she showed up at the MTV Video Music Awards on September 13, when she won nine awards, including the one for “Video of the Year” for “Anti-Hero”, for the second time in a row:
By October, “The Eras Tour” officially catapulted Taylor to billionaire status, according to Bloomberg, making her one of the few recording artists to build a 10-figure fortune almost entirely from her music. The “most definitive account yet” of her wealth claimed that Taylor now had a total net worth of about $1.1 billion. The bump into billionaire territory was achieved by her blockbuster tour. According to the Bloomberg News analysis, the 53 concerts on the US tour added $4.3bn to the country’s gross domestic product. Bloomberg called its analysis “conservative”, based only on “assets and earnings that could be confirmed or traced from publicly disclosed figures”.
The calculation took into account the estimated value of her five homes ($110m) and music catalog ($400m for music released since 2019), some of which she had reclaimed through re-recording; earnings from streaming deals ($120m from YouTube and Spotify), music sales ($80m), concert tickets and merchandise ($370m); and the impact of income tax, tour production and travel costs, and commissions paid to managers and agents.
The outlet predicted plenty of earnings potential in Taylor’s future, based on the value of her vast songwriting catalog. While the conservative estimate of her music’s worth is around $400m, Bloomberg noted a more bullish multiple of future royalties puts it around $1bn – far higher than her music “peers.”