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Beyonce’s Renaissance World Tour July Earnings Set Record – Billboard

by golfinger007
24th August 2023
in Music
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Beyoncé crowned May’s Top Tours chart before sliding back to No. 2 in June. Back with a vengeance, she’s at No. 1 for July with record-breaking revenue. According to figures reported to Billboard Boxscore, The Renaissance Tour earned $127.6 million over 11 shows between July 8-30, claiming the largest one-month sum for any artist since the Boxscore archives began in the mid-1980s.

It’s not Beyoncé’s first time setting Boxscore records with the Renaissance World Tour. When her five-show run at London’s Tottenham Hotspur Stadium grossed $42.2 million, it was noted that it was the highest grossing engagement ever by a woman, a Black artist, or any American artist.

This time around, her enormous earnings require no such qualifications, breaking ground without regard to race, gender, genre or geography. Beyoncé’s $127.6 million passes Bad Bunny’s $123.6 million from last September, claiming the biggest one-month gross since the charts launched in February 2019 – and beyond. Before the monthly charts premiered, no artist had reported earnings of $100 million in a single calendar month.

Beyoncé and Bad Bunny, as well as other stadium headliners such as Harry Styles and The Weeknd, continue to show how contemporary acts have invaded a space once thought to be reserved for classic rock bands. Notably, Taylor Swift has yet to report sales figures for The Eras Tour. The last time she was on the road, she joined Beyoncé with Jay-Z, and Ed Sheeran at the top of the pack of 2018’s year-end rankings.

Beyoncé and Bad Bunny’s $120 million-plus months played out in strikingly similar fashion. Both played five one-night engagements, plus doubleheaders in three cities for a total of 11 shows. Both narrowly sold more than half a million tickets – 503,000 for Beyoncé and 501,000 for Bad Bunny. And both relied on a couple major markets to push them over the edge (and then some). Bad Bunny benefited from shows in Inglewood (the greater Los Angeles area) and Las Vegas, while Beyoncé played high-yield concerts in East Rutherford, N.J. (the greater New York area), and Chicago.

Beyoncé’s two nights at New Jersey’s MetLife Stadium (July 29-30) brought in $33.1 million and sold 106,000 tickets, enough to reign over Top Boxscores. That makes her the first woman to simultaneously top both lists in exactly four years, dating back to when P!nk led in July 2019.

Queen Bey follows with two dates at Chicago’s Soldier Field, at No. 3 on Top Boxscores with a gross of $30.1 million. Next, she’s at No. 7 with two shows at Toronto’s Roger’s Centre ($18.3 million). There are four more Beyoncé appearances on the chart (Nos. 20, 24, 27, and 30), more than anyone else.

With two months of shows left to report, the Renaissance World Tour is flying at breakneck speed. After conquering Europe with a $150-million run, Beyoncé has made almost as much ($141.4 million) in North America with far fewer shows. Her 12 North American dates (including an Aug. 1 concert in Foxborough, Mass.) have averaged $11.8 million, which is more than double the business that Beyoncé was doing in the U.S. and Canada on 2016’s The Formation World Tour and 2018’s On the Run II Tour with Jay-Z.

Up 60% from the European leg and 112% from her previous peak, Beyoncé’s July Renaissance shows establish a new standard for herself as an artist, and with its monthly record, for everyone on tour.

Through Aug. 1, The Renaissance World Tour has grossed $295.8 million, already Beyoncé’s highest grossing tour yet, passing The Formation World Tour’s $256.1 million. With two months of shows yet to be reported, Billboard expects that total to soar past the half-billion mark.

Beyoncé’s two shows in Chicago pair with an Ed Sheeran date (July 29) to make Soldier Field the top-grossing venue of the month, at No. 1 on Top Stadiums. That chart mirrors the top of Top Boxscores, with Beyoncé and Coldplay fueling the top four spots.

And while Sheeran’s contribution pushes MetLife Stadium to No. 2, the New York market dominates the arena rankings, with Manhattan’s Madison Square Garden and Brooklyn’s Barclays Center at Nos. 1-2 on Top Venues, 15,001+ capacity.

Among venues with a capacity of 5,001-10,000, Red Rocks Amphitheatre earned $16.5 million. Located in Morrison, Colo. (15 miles west of Denver), The Avett Brothers spotlight the iconic amphitheater’s month with three shows, July 7-9, that grossed $2.3 million and sold 28,050 tickets. Tedeschi Trucks Band, Caamp, Zeds Dead and String Cheese Incident each played multiple shows with million-dollar earnings.

The Weeknd follows Beyoncé on Top Tours with a $85.7 million gross, while mounting the highest attendance total of July with 891,000 tickets sold across 15 stadium shows in Europe. Since the monthly charts began in 2019, that total only trails Harry Styles’ 967,000 tickets in June.

Both acts — and Ed Sheeran in third with 749,000 tickets (June 2022) — nabbed their sales highs with extensive runs of European stadium shows, averaging 60,000 or more seats per night. With slightly smaller venues and higher ticket prices, Beyoncé and Bad Bunny’s massive grosses stem from North American legs.

In total, July’s top 30 tours grossed a combined $861.5 million and sold 7.3 million tickets, up .4% and 2%, respectively, from last month’s record-setting figures. While July sported fewer tours with reports above the $10 million and $20 million thresholds, Beyoncé’s monster earnings helped push the total take into uncharted territory.



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