Tuesday, April 16, 2024

Beyoncé’s ‘Formation World Tour’ Earned the Queen A Whopping $256 Million

*At this point, there is no doubt that Beyoncé is the THE queen of pop culture. Besides the fact that she’s on everyone’s lips, there’s the astounding earnings of her recently concluded “Formation World Tour” which played in stadiums all over the US and in the UK.

The incredibly successful tour ended Oct. 7 at MetLife Stadium in East Rutherford, N.J., and in the process took in over $256,084,556 and sold 2.2 million tickets. This, according to Billboard Boxscore. The tour, which began April 27 at Marlins Park in Miami, averaged a eye-popping $5.2 million in gross and 45,757 paid attendance per show.

An “amazing performer” with a “rabid, committed fan base” is how tour promoter Arthur Fogel, chairman of Live Nation’s Global Touring division, characterizes Beyonce.

“When you go up [on sale] and sell out stadiums, and in some markets multiple stadiums, it’s big,” tour Fogel told Billboard. “I have to congratulate the great team on our side that does these things, and I congratulate her team, because it was all really well done, well set up, and well-executed all the way around.”

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Specifically, the highest-grossing stop on the tour came from two sellouts at London’s Wembley Stadium July 2-3 that took in $15.3 million and sold 142,500 tickets. Earlier in the run, an $11.5 million take from two sellouts at New York’s City’s Citi Field took in $11.5 million and moved 73,486 tickets as the highest-grossing date in North America.

Universally the “Formation” was praised for its amazing and extravagant production, but Fogel points out that Beyonce “rose above the spectacle” in her performances.

“When everybody acknowledges the greatness of the production but, more than that, everybody is blown away by her, that’s the ultimately skill,” he says. “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.”

All hail the queen!

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