2024-04-19 16:50:00
Fantasy or reality? For Forbes France, all this is largely overestimated, because there is no assurance that the amounts advanced come from savings, for example. In other words, it might be a transfer of expenses, which does not constitute wealth creation. “The singer’s fans have certainly spent significant amounts of money to attend their idol’s concerts, accommodation and meals. But it is likely that these expenditures resulted in a reduction in other expenditure items (crowding out effect).” observed the Asterès firm in a study.
On the other hand, what is certain is that the singer’s arrival in concert in Southeast Asia sowed discord between several countries in the region. In question, the exclusive contract signed by Taylor Swift with Singapore which hosted the six concerts scheduled in the area. Price paid: $3 million per show. Deprived of the pop star, the Philippines, Thailand and Indonesia experienced this as a humiliation. The Thai Prime Minister revealed the contract clause, forcing his Singapore counterpart to publicly explain himself. Never seen before at this level.
The huge surprise from Taylor Swift: she released not one but two albums this Friday!
Finally, we must also not forget the power of influence that the singer can have on American politics. A phenomenon feared by supporters of Donald Trump. Taylor Swift does not hide where her ideas lean and it is not on the side of the ex-president wanting to return to the White House. If she is rather reserved on the subject, it was enough for her to speak out to see registrations on the electoral lists jump last September. Enough to fear an impact on the vote in November for Trump and his supporters.
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