Latest news with #Eras'
CNN
17 hours ago
- Business
- CNN
Venice expects to rake in over $1.1 billion from Bezos-Sanchez wedding
Venice, Italy, can expect to reap a $1.1 billion reward from Jeff Bezos and Lauren Sanchez's controversial, star-studded wedding, according to Italy's Tourism Ministry. The ministry said Friday that the event, which has been met with fierce pushback from some Venetians, could provide a boost of almost 68% of the city's annual tourism turnover. The three-day wedding, reportedly costing up to $55 million, has kept Venice hotels and other businesses busy. Despite the economic boost, protesters have rallied against the nuptials of Bezos, the founder of Amazon and the third richest person in the world, and Lauren Sanchez, a former TV reporter, with one banner reading 'No space for Bezos,' and a tarp from Greenpeace that read: 'If you can rent Venice for your wedding, you can pay more tax.' 'We need to abandon the controversy and focus on opportunities,' said Daniela Santanchè, the minister of tourism in Italy, in a news release. 'This is not just a private event, but a concrete driving force for the entire sector. Venice has all it takes to transform it into an opportunity for relaunch and promotion.' The 200 wedding guests include A-listers Bill Gates, Oprah Winfrey, Leonardo DiCaprio, Tom Brady and Kim and Khloe Kardashian. The more than $1 billion economic boost is about a quarter of what pop singers Taylor Swift and Beyoncé managed in the United States over their months-long tours. In 2023, Michael Grahn, then-chief economist of Danske Bank, cited Beyonce's 'Renaissance' tour as a contributor to inflated hotel and restaurant prices in Stockholm. The tour added more than $4.5 billion to the US economy, according to a 2023 analysis of concertgoers' spending by research firm QuestionPro. Taylor Swift's 'Eras' tour, which ran for nearly two years and hosted 152 concerts in 51 cities, wrapped up last December as the highest-grossing tour of all time. The tour's economic impact totaled roughly $5 billion in the United States, according to an estimate by QuestionPro. But that total only took into account direct spending, according to the US Travel Association, which estimates Swift's total impact likely exceeded $10 billion when factoring in indirect spending and when non-ticket holders make purchases outside of venues. The $1.1 billion coming from the Bezos-Sanchez wedding is more than the $1 billion Las Vegas generated from the 2024 Super Bowl. Italy has hosted other high-profile weddings, including in 2014 with Kim Kardashian-Kanye West in Florence and Amal Alamuddin-George Clooney in Venice.
CNN
17 hours ago
- Business
- CNN
Venice expects to rake in over $1.1 billion from Bezos-Sanchez wedding
Venice, Italy, can expect to reap a $1.1 billion reward from Jeff Bezos and Lauren Sanchez's controversial, star-studded wedding, according to Italy's Tourism Ministry. The ministry said Friday that the event, which has been met with fierce pushback from some Venetians, could provide a boost of almost 68% of the city's annual tourism turnover. The three-day wedding, reportedly costing up to $55 million, has kept Venice hotels and other businesses busy. Despite the economic boost, protesters have rallied against the nuptials of Bezos, the founder of Amazon and the third richest person in the world, and Lauren Sanchez, a former TV reporter, with one banner reading 'No space for Bezos,' and a tarp from Greenpeace that read: 'If you can rent Venice for your wedding, you can pay more tax.' 'We need to abandon the controversy and focus on opportunities,' said Daniela Santanchè, the minister of tourism in Italy, in a news release. 'This is not just a private event, but a concrete driving force for the entire sector. Venice has all it takes to transform it into an opportunity for relaunch and promotion.' The 200 wedding guests include A-listers Bill Gates, Oprah Winfrey, Leonardo DiCaprio, Tom Brady and Kim and Khloe Kardashian. The more than $1 billion economic boost is about a quarter of what pop singers Taylor Swift and Beyoncé managed in the United States over their months-long tours. In 2023, Michael Grahn, then-chief economist of Danske Bank, cited Beyonce's 'Renaissance' tour as a contributor to inflated hotel and restaurant prices in Stockholm. The tour added more than $4.5 billion to the US economy, according to a 2023 analysis of concertgoers' spending by research firm QuestionPro. Taylor Swift's 'Eras' tour, which ran for nearly two years and hosted 152 concerts in 51 cities, wrapped up last December as the highest-grossing tour of all time. The tour's economic impact totaled roughly $5 billion in the United States, according to an estimate by QuestionPro. But that total only took into account direct spending, according to the US Travel Association, which estimates Swift's total impact likely exceeded $10 billion when factoring in indirect spending and when non-ticket holders make purchases outside of venues. The $1.1 billion coming from the Bezos-Sanchez wedding is more than the $1 billion Las Vegas generated from the 2024 Super Bowl. Italy has hosted other high-profile weddings, including in 2014 with Kim Kardashian-Kanye West in Florence and Amal Alamuddin-George Clooney in Venice.
The Sun
a day ago
- The Sun
Syrian youth charged in Germany over Taylor Swift concert terror plot
BERLIN: German prosecutors said Friday they had filed charges against a Syrian youth and alleged Islamic State group supporter linked to a 2024 attack plot on a Vienna concert by US pop megastar Taylor Swift. The suspect, only partially named as Mohammad A., was accused of supporting a foreign terrorist organisation and of preparing a serious act of violence endangering the state, federal prosecutors said. He had, as a juvenile, started following IS ideology from April last year at the latest and had from July been in contact with a young adult from Austria who was planning a bomb attack at one of Swift's concerts, they said. 'The accused assisted the young adult in his preparations by, among other things, translating bomb-making instructions from Arabic and establishing contact with an IS member abroad via the internet,' federal prosecutors said in a statement. 'The accused also provided the young adult with a template for the oath of allegiance to IS, which the young adult used to join the organisation.' Police first took Mohammad A. into custody last September in the eastern city of Frankfurt an der Oder, where the then 15-year-old went to school, but later released him. The federal prosecutors office in the western city of Karlsruhe said Friday that the charges were laid on June 17 in a Berlin higher regional court, which will now decide on their admissibility. Three Vienna shows that were part of Swift's record-breaking 'Eras' tour were cancelled last summer after authorities warned of a terror plot by IS sympathisers. Police detained three suspects, including a 19-year-old Austrian with North Macedonian roots, over the alleged attack threat, with the United States saying it shared intelligence to assist in the investigation. Swift later wrote on social media platform Instagram that 'the reason for the cancellations filled me with a new sense of fear, and a tremendous amount of guilt because so many had planned on coming to those shows'.
Perth Now
30-05-2025
- Entertainment
- Perth Now
Taylor Swift owns master recordings 'in spite of' Scooter Braun
Taylor Swift now owns her master recordings 'in spite of Scooter Braun, not because of him'. The 35-year-old singer / songwriter revealed in an emotional open letter to fans on her website that she had recently bought back the rights to her first six albums, which Braun acquired from her former record label, Big Machine Records, in 2019. In 2020, Braun went on to sell them to private equity firm Shamrock Capital and although it was recently claimed the music manager had 'encouraged' Shamrock Capital to make a deal with Taylor, he was not involved in the recent acquisition. A source told PEOPLE: 'Contrary to a previous false report, there was no outside party who 'encouraged' this sale. All rightful credit for this opportunity should go to the partners at Shamrock Capital and Taylor's Nashville-based management team only. Taylor now owns all of her music, and this moment finally happened in spite of Scooter Braun, not because of him.' After Scooter bought the rights to her music, Taylor decided to re-record her previous albums, calling them 'Taylor's Version'. And, she revealed in her message to fans that the huge success of her 'Eras' tour and the new versions of her albums, actually helped her to buy back her music. She wrote: "To say this is my greatest dream come true is actually being pretty reserved about it. To my fans, you know how important this has been to me - so much so that I meticulously re-recorded and released 4 of my albums, calling them Taylor's Version. The passionate support you showed those albums and the success story you turned The Eras Tour into is why I was able to buy back my music. I can't thank you enough for helping to reunite me with this art that I have dedicated my life to, but have never owned until now. '"I'm extremely hearted by the conversations this saga has reignited within my industry among artists and fans. Every time a new artist tells me they negotiated to own their master recordings in their record contract because of this fight, I'm reminded of how important it was for all of this to happen. Thank you for being curious about something that used to be thought of as too industry-centric for broad discussion. You'll never know how much it means to me that you cared. Every single bit of it counted, and ended us up here."
Time of India
24-05-2025
- Entertainment
- Time of India
Julión Álvarez fails to enter US, concert at AT&T Stadium postponed, Texas fans stunned
Julión Álvarez's sold-out concert at AT&T Stadium was postponed after the singer was unable to enter the United States in time. Nearly 50,000 fans are now awaiting news on the rescheduled date. The regional Mexican music star's return was highly anticipated following past issues with US authorities Julión Álvarez's sold-out AT&T Stadium concert in Texas has been postponed due to his delayed US entry, leaving nearly 50,000 fans awaiting a new date Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Julión Álvarez and his beloved Norteño band were set to perform on Saturday, May 24 at Arlington's AT&T Stadium. With nearly 50,000 tickets sold, the regional Mexican music icon was gearing up for what would have been one of the biggest live music events in Texas this a sudden and forced change in plans disrupted the show. According to a joint statement from promoters CMN and Copar Music , the decision to postpone was out of their read: Piano man pauses the music: Billy Joel cancels all upcoming concerts amid concerning brain disorder diagnosis 'Due to unforeseen circumstances, Julión was unable to enter the United States in time for the event,' the statement the disappointment, the promoters and Julión's team were quick to reassure fans that the concert would be rescheduled. 'All previously purchased tickets will be valid for the new date,' the announcement said. Customers can expect to receive updates by email and will also be given instructions on how to request a refund if they are unable to attend the new concert Álvarez extended heartfelt thanks to his loyal fanbase, expressing gratitude for their patience and continued support. He also confirmed he is eager to return to the stage in Texas as soon as Álvarez, known to fans as 'The King of the Box Office,' has faced challenges with US entry before. In 2017, the Department of the Treasury's Office of Foreign Assets Control (OFAC) blacklisted the singer amid allegations of money laundering, allegations that were never proven in read: Coldplay's 'Music of the Spheres' becomes most-attended tour ever, dethrones Taylor Swift's 'Eras' tour The case was resolved in Álvarez's favor in 2022, allowing him to resume touring in the United States without issue until now. While no new legal troubles have been reported, this unexpected travel setback has reignited public curiosity about the singer's relationship with US authorities.
