Summary
Taylor Swift: The Eras Tour had a strong opening day, grossing an estimated $39 million, making it the second-best October opening day in history.
The doc's opening weekend is expected to surpass the openings of blockbuster films like John Wick: Chapter 4 and Fast X. Although slightly below initial forecasts, the film's box office performance suggests it will maintain strong results in the upcoming days.
Taylor Swift: The Eras Tour is set to have a more successful opening weekend than some of the biggest blockbuster films of the year. The concert documentary brings Taylor Swift's blockbuster tour, showcasing her costumes and music from each stage of her career, to the big screen. Upon the announcement of the documentary's release on October 13, the Blumhouse legacy sequel The Exorcist: Believer decided to move its release a week earlier to avoid competing with the musical icon. Early box office projections for Taylor Swift: The Eras Tour have been exceptionally positive.
According to Deadline, the box office performance of Taylor Swift: The Eras Tour had a strong opening day, although it fell slightly below some of the initial lofty projections. The documentary earned an estimated $39 million on Friday, making it the second-highest grossing October opening day behind 2019's Joker ($39.3 million). While this brings the estimated three-day gross to a more conservative range of $90 to $109 million (compared to the most optimistic projection of $150 million), the opening weekend of the documentary is still expected to surpass the opening weekends of major blockbusters such as John Wick: Chapter 4 ($73.8 million) and Fast X ($67 million).
Taylor Swift: The Eras Tour is More Than Just a Concert Movie
Regardless of how its box office numbers are analyzed, the release of Taylor Swift: The Eras Tour undeniably establishes it as a genuine blockbuster rather than a mere concert documentary. With an anticipated opening weekend grossing $100 million, the film is set to outshine nearly every concert documentary that has preceded it within just a few days. Although it has not yet reached the rank of the number one highest-grossing concert documentary, currently held by Michael Jackson's This Is It, which earned $231 million globally during its theatrical run, Taylor Swift's film will effortlessly surpass the previous second-highest-grossing concert documentary, Justin Bieber: Never Say Never, which amassed $99 million worldwide.
The Eras Tour, even if it earns $90 million which is on the lower end of its range, will still have the seventh highest-grossing opening weekend of the year so far. The top spot for the biggest opening weekend of the year goes to Barbie with an unbeatable $162 million. Following that is The Super Mario Bros. Movie ($146.4 million), Spider-Man: Across the Spider-Verse ($120.7 million), and Guardians of the Galaxy Vol. 3 ($118.4 million). The films Ant-Man and the Wasp: Quantumania ($106.1 million) and The Little Mermaid ($95.6 million) could potentially be overtaken by The Eras Tour.
All of this is even more impressive considering Taylor Swift: The Eras Tour has a lengthy run time of 2 hours and 48 minutes. Due to this, it can only be played a limited number of times in a single day in theaters. However, many theaters are accommodating the high demand by showing it on multiple screens simultaneously. It remains to be seen how the movie will perform in the coming weeks, but if it continues to attract such a large audience, it has a great chance of becoming the highest-grossing concert movie of all time.
Source: Deadline