Here is your Forbes Daily Briefing for Saturday, October 12th.

Today on Forbes, the top earnings summer concert tours of 2024.

When an artist had the kind of year that Taylor Swift did in 2023, including the record-breaking

eras tour, becoming the most famous Kansas City Chiefs fan, and a billionaire, it was easy to imagine what the 34-year-old

pop star would do for an encore. Stage another Erra's tour. With 65

performances across Europe, Asia and Oceania in 2024, Forbes estimates that Swift

grossed $1.15 billion before taxes and fees, with pre-tax earnings of $400 million, $100 million more than what

she earned last year.

We conservatively estimate that she is worth $.6 billion dollars.

It was also a record-breaking year overall in the music business,

with Polestar reporting year-over-year increases

in the number of tickets sold,

number of shows, and total grosses for artists.

In addition, 2024 marked the highest average ticket price ever recorded at nearly $127 a seat.

Agent Chabow Lewis, who represents Latin Trap Megastar Bad Bunny,

who ranks number seven this year,

says, quote,

there's no question that it's more expensive to tour than it's ever been before.

The evolution of technology and ticket pricing, like Ticketmaster's dynamic model,

has allowed tours at the high end to earn more money than they've ever earned before,

which offsets a lot of that increasing cost.

Overall, Forbes estimates that the top 10 touring axe

...