$2 billion in tickets just for the chance to make like $400m in merch.
Joezepey on
I bet resale sites made just as much as taylor did
illmatico on
Good god this is like half a fortune 500 company lol
212312383 on
What is that? A 30% margin? Pretty good. Most retail margins are under 5%
Mr-Blah on
353M in taxes for around 2.5b$ in sales or about 15% tax rate.
Remember this when you see wholesome stories of her handing out big checks. Those employees pay more of their income in taxes than her and her production…
Consistent-Annual268 on
Would have been more interesting to cut it by ticket revenue – costs and merch revenue – costs, then adding those results together to get the net income before taxes.
Merch is doing an outsize fraction of the heavy lifting here compared to its 20% of revenue contribution.
wellobviouslythatsso on
The bonus she gave to the crew was almost 30% of the total income after taxes. That’s….. much more generous than I had expected.
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Source:Â [https://www.readtrung.com/p/economics-of-taylor-swifts-2b-eras](https://www.readtrung.com/p/economics-of-taylor-swifts-2b-eras)
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$2 billion in tickets just for the chance to make like $400m in merch.
I bet resale sites made just as much as taylor did
Good god this is like half a fortune 500 company lol
What is that? A 30% margin? Pretty good. Most retail margins are under 5%
353M in taxes for around 2.5b$ in sales or about 15% tax rate.
Remember this when you see wholesome stories of her handing out big checks. Those employees pay more of their income in taxes than her and her production…
Would have been more interesting to cut it by ticket revenue – costs and merch revenue – costs, then adding those results together to get the net income before taxes.
Merch is doing an outsize fraction of the heavy lifting here compared to its 20% of revenue contribution.
The bonus she gave to the crew was almost 30% of the total income after taxes. That’s….. much more generous than I had expected.