Friday, 14 October 2016
Beyoncé’s ‘Formation Tour’ Earns $256 Million
The numbers are in and Beyoncé’s “Formation World Tour” is a major blockbuster. The run, which started April 27 in Miami and ended Oct. 7 in East Rutherford, took in more than $256,084,556 with 2.2 million tickets sold.
While that number reflects the tour’s overall success, each individual show was also stunning in the boxscore. According to Billboard, each concert averaged $5.2 million and 45,757 paid attendees.
The tour’s biggest stop belongs to London’s Wembley Stadium, where on July 2-3, Queen Bey brought in $15.3 million with 142,5000 tickets sold. Before that, New York’s Citi Field also raked in $11.5 million with 73,486 tickets sold in two sold-out shows. It was the highest-grossing stop in North America.
Arthur Fogel, the chairman of Live Nation’s Global Touring division, says Beyoncé is the reason those numbers were as astounding as they were.
“When everybody acknowledges the greatness of the production but, more than that, everybody is blown away by her, that’s the ultimate skill,” he said. “To not only use the platform of a great production, but to rise above it as a performer and artist, that’s her incredibly unique quality.”