Jessica Sibley’s Post

Taylor Swift's “Eras Tour” was more than just a concert series. It impacted the economy. $2 billion in US ticket sales alone. And the impact on host cities is profound. For instance, Travis Kelce isn’t the only thing tying Swift to the NFL. Her opening night in Glendale, Arizona, surpassed the revenue generated by Super Bowl LVII held in the same stadium. This reflects a broader trend: Every concert was about 2-3 Super Bowls in terms of local economic stimulation, The tour has also sparked an estimated $5 billion in consumer spending in the U.S. surpassing the economic outputs of 50 countries! Fans spent an average of $1,300-$1,500 per event 🛍️💸 It's a great example of how entertainment can transform economies. Imagine one artist, shaking up the financial landscape more than entire nations. It's not just about the music. It's about the hotels, restaurants, and shops that thrived because of her shows. Taylor Swift isn't just a pop icon. She's a powerhouse in both music and economic impact.🌟🎶 #ErasTour #TaylorSwift #SuperBowl #EconomicBoost #Music #TravisKelce

Tuesday Tips: Road Trippin' 🚗🗺️ Summer's here, school's out, and families are on the road — heading to vacation. For certain operations, like entertainment venues or c-stores, it's a time of opportunity. Here are some quick tips on how to offer quality grab 'n' go options to consumers on the move. https://lnkd.in/e9YHznjP

It's a little scary to think about how much of our future success in retail is largely dependent on something that's totally out of our control. As this article points out, the high-flying movie theater business has been derailed by the lack of "blockbuster movies" coming out of Hollywood. No Marvel? No Star Wars? No Pirates? No rush to pay $10+ and go to the mega-screen. Even though those theaters did their part - they created good if not great experiences - people won't pay to go see something at a theater they can enjoy just as much at home. They need the blockbuster to make it worth their while. Your challenge as a retailer: Is creating a great experience enough for you to maintain a bright and successful future? What out-of-your-control forces could darken that future and how can you guard against it? (At a macro and micro level?!) Let us hear your thoughts ...

Tickets for Taylor Swift are averaging $254. Disney is hiking up prices, from line-skips to souvenirs. The thrill of watching Lionel Messi play soccer now comes with a heftier price tag. 60% of Americans have slashed their entertainment budget due to rising costs. 26% are entirely avoiding live events. Prices for live fun are rising and are, quite frankly, getting out of hand for the average person. Where do we go from here? It might have to mean cutting back on live events. Many people, rightly so, are being selective and only saving for 1-2 events or finding alternative ways to have fun. As prices increase, I'm recommending folks think twice before purchasing those tickets and consider how to balance experiences and expenses. Have any thoughts? Share below!

STATS of the Day (via a superb Pearl & Dean Ireland newsletter) : So Taylor Swift is estimated to make 30% margin from her $1 billion Eras Tour revenue.... but then come the marketing licensing deals, not least the Eras Tour Movie. It broke the pre-sales US record in 1 day ($37m) & US 1st weekend estimates are $100m-120m. Globally, (launches 13th Oct) could it go on & outperform the actual tour revenue & gross +$1 billion? Only time will tell. Are you going to see it !? #RightsMarketing #CinemaAdvertising #BlockBuster

As it should be……..

I'm a historian by trade. When I do historical research, I try to focus on the human elements in the topic I'm researching. "How did people in 1895 engage their environment? "How did they interact with buildings, transportation, and cities?" Etc. I take the same approach as a lighting salesperson: how will people interact in a space and what is the most appropriate lighting to compliment the design? Being afforded the opportunity to positively impact the built environment is exhilarating! #sales #lighting #unvarnished

Did you know? The first public places to use air-conditioning were movie theaters! In 1925, Willis Carrier installed a "refrigerating plant" in the Rivoli Theater in Times Square, ushering in an era of air conditioned summer entertainment. In the early days of movies, the promise of “air-conditioned comfort” helped many 1920s theater owners improve summertime box office receipts. Prior to air conditioning, however, crowds typically shunned hot theaters for cooler pleasures. Theaters used the cool comfort as a way to attract audiences during hot summers, and it totally worked! Ticket sales soared, making summer the perfect time for big-budget films. This is how the term "summer blockbuster" was born!   Want to keep your business just as cool this summer? Century Commercial Service offers a wide range of mechanical services to keep your commercial properties comfortable all season long. Give us a call today! #CenturyCommercialService #CCS #MechanicalService #CustomerService #PrepareForSummerComfort #CommercialHVAC 

Greetings Movie Lovers! Even though Memorial Day is still four weeks away, the blockbusters are coming early this summer with a major new release every weekend in May. The popcorn will be overflowing for THE FALL GUY on 5/3, KINGDOM OF THE PLANET OF THE APES on 5/10, IF on 5/17 and both FURIOSA: A MAD MAX SAGA and GARFIELD on 5/24. Exhibitors are anticipating a significant upswing in ticket sales and foot traffic. This weekend, Amazon MGM’s romantic sports drama CHALLENGERS opened to lead all films with a 3-day total of $15M. Fun fact: that makes it the top opening for a tennis-themed sports movie of all time. It’s also a significant accomplishment for its star Zendaya, whose considerable successes to this point have come in movies with mega budgets, copious special effects and large ensemble casts of A-listers. The total for all movies this weekend was a so-so $64.5M, considerably lower than the same weekend last year which produced $100.2M, led by THE SUPER MARIO BROS. MOVIE’s $40.8M in its fourth weekend at the top of the box office. For more insights, check out the Weekend Review from our box office expert Dick Walsh. This week’s Don’t Kill the Messenger podcast is a re-issue of one of our most popular episodes over the past 18 months. Host Kevin Goetz welcomes Jim Gianopulos, former studio head of 20th Century Fox and Paramount Pictures, to discuss his guiding principles for producing successful movies and the importance of making bold decisions and taking calculated risks. #challengersmovie #zendaya #lucaguadagninon #amazonmgm #unsunghero #kingdomstory #thefallguy #kingdomplanetoftheapes #furiosamadmax #garfieldmovie #boxoffice #screendollars #jimgianopulos #kevingoetz #dontkillthemessenger 

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