News
Taylor Swift’s new era as pop billionaire
Taylor Swift, the beloved pop sensation, has ascended to the ranks of billionaires, marking a significant milestone in her already illustrious career.
With a combination of a record-breaking tour, a blockbuster movie, and astute business acumen, the 33-year-old singer-songwriter has amassed an estimated fortune of $1.1 billion.
Swift’s Eras tour, initially conceived as a retrospective of her nearly two-decade-long career and a celebration of her 10 iconic albums, has evolved into an unprecedented financial phenomenon.
With ticket sales soaring to a staggering $780 million, the tour is on track to become the highest-grossing tour of all time.
This monumental achievement has catapulted Swift into a new era of success, making her the first musician to attain billionaire status solely based on her songs and performances.
A significant portion of Swift’s meteoric rise to billionaire status can be attributed to her remarkable summer endeavors.
With an estimated $190 million in earnings from the tour’s first leg and an additional $35 million from the initial screenings of “Taylor Swift: The Eras Tour” movie, Swift’s financial empire continues to flourish.
FILE PHOTO: Singer Taylor Swift arrives to speak at the Toronto International Film Festival (TIFF) in Toronto, Ontario, Canada September 9, 2022. REUTERS/Mark Blinch/File Photo
Escalating value
More than $500 million of her fortune stems from music royalties and touring, while another $500 million is derived from the escalating value of her music catalog.
Additionally, Swift boasts $125 million in real estate assets, including six homes and a $10 million private plane.
Swift’s ascent comes amid a burgeoning trend of celebrity billionaires, with her being the 15th celebrity to achieve this milestone in Forbes’ rankings.
Unlike her peers, Swift’s wealth is primarily driven by her music career, distinguishing her from other billionaire musicians who have diversified their portfolios through lucrative side ventures.
Strategic move
A pivotal moment in Swift’s financial journey came with her strategic move to reclaim control of her master recordings, which were embroiled in a contentious dispute with music mogul Scooter Braun.
Following a bitter battle, Swift secured a lucrative distribution deal with Universal Music Group, granting her complete ownership and economic interest in her music.
This move, coupled with her unwavering dedication to her craft and her devoted fan base, has propelled the value of her music catalog to unprecedented heights.
News
Russia bans WhatsApp and promotes state-backed messaging app
Kremlin blocks WhatsApp, urging citizens to use state-backed MAX; critics warn of surveillance, prompting protests in Moscow.
Kremlin blocks WhatsApp, urging citizens to use state-backed MAX; critics warn of surveillance, prompting protests in Moscow.
The Kremlin has officially blocked WhatsApp, urging Russians to switch to MAX, a state-backed messaging app. This move comes after Meta refused to comply with local regulations, sparking debates over digital freedom in the country.
Critics warn that MAX could be used for government surveillance, though authorities deny these claims. The ban highlights Russia’s growing control over foreign tech platforms and its push for locally regulated alternatives.
Activists in Moscow have staged protests calling for an open and unregulated internet, while the public reacts with a mix of concern and resignation.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
News
U.S. secretly sent 6,000 Starlink terminals to Iran after protests
US covertly sent 6,000 Starlink terminals to Iran amid protests, aiding internet access despite government shutdowns and crackdown violence.
US covertly sent 6,000 Starlink terminals to Iran amid protests, aiding internet access despite government shutdowns and crackdown violence.
U.S. officials report that the Trump administration covertly sent around 6,000 Starlink satellite internet terminals into Iran following widespread protests. The move was designed to bypass strict internet blackouts imposed by authorities in Tehran.
The terminals reportedly enabled activists and dissidents to reconnect with the outside world during periods of severe digital restriction, raising fresh questions about foreign involvement and cyber strategy.
As geopolitical tensions simmer, the revelation underscores how connectivity has become a powerful tool in modern conflict.
#Iran #Starlink #DonaldTrump #MiddleEast #GlobalPolitics #TechNews #InternetFreedom #BreakingNews
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
News
Anthropic secures 30 billion in fresh funding as valuation surges
Anthropic raises $30B, doubling valuation to $380B, boosting global AI race with support from GIC, Coatue, Microsoft, and Nvidia.
Anthropic raises $30B, doubling valuation to $380B, boosting global AI race with support from GIC, Coatue, Microsoft, and Nvidia.
Anthropic has secured a staggering $30 billion in fresh funding, catapulting its valuation to $380 billion and cementing its place among the most valuable AI companies in the world. The raise marks the second-largest private technology funding round ever, trailing only OpenAI’s $40 billion deal.
Major backers in this latest round include Singapore’s GIC and Coatue Management, alongside existing heavyweight partners Microsoft and Nvidia. The scale of the investment underscores intensifying global competition in artificial intelligence as capital continues to flood into the sector.
Anthropic’s valuation has more than doubled in just five months, fuelled by rapid enterprise growth. The company now works with eight of the Fortune 10 and boasts more than 500 customers spending over $1 million annually, highlighting surging demand for advanced AI tools across corporate America.
#ArtificialIntelligence #AI #Anthropic #TechNews #VentureCapital #BigTech #Innovation #Startups
-
Ticker Views4 days agoIsraeli President Herzog visits Australia amid rising antisemitism
-
Ticker Views2 days ago
Lunar Gateway faces delays and funding debate amid Artemis ambitions
-
Tech4 days ago
Claude AI is transforming software engineering and productivity
-
Ticker Views2 days ago
South Korea introduces AI job protection legislation
-
Ticker Views3 days ago
U.S. ambassador responds to NATO criticism at Munich Security Conference
-
Money4 days ago
Tech stocks slide as investors rotate into small-cap and value plays
-
News5 days ago
Russia missile strikes force Ukraine nuclear plants offline amid safety fears
-
News4 days ago
Japan election delivers commanding win for ruling LDP
