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 Taylor Swift's name is popping up on Wall Street earnings calls thanks to her massive impact on the US economy
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Taylor Swift's impact on the US economy is evident through her successful tour and new album. Her 60-show tour generated a record $1.04 billion in sales, leading to a surge in hotel bookings. Several companies, including Uber, AMC Entertainment, Disney, National Bank Holdings, and Live Nation, have mentioned Swift on Wall Street earnings calls to explain their business performance. Swift's concerts and movies have contributed to revenue and EBITDA growth for these companies. Her cultural phenomenon status and exclusive streaming rights for her concert movie on Disney+ have also been highlighted. The Midwest market, particularly Kansas City, has experienced growth, which the CEO of National Bank Holdings jokingly attributed to Taylor Swift and the Chiefs. Live Nation's CEO sees Swift and Drake as the start of a new revolution in the music industry.

#TaylorSwift #WallStreet #EarningsCalls #UsEconomy #Concerts #Movies #RevenueGrowth #EbitdaGrowth #Disney+ #KansasCity #LiveNation

https://www.businessinsider.com/taylor-swift-economic-impact-wall-street-earnings-calls-new-album-2024-4