Taylor Swift performing on stage in a sequined bodysuit, singing into a microphone, with a massive close-up of her on the LED screen behind her.
JEFF PACHOUD / AFP via Getty Images

Taylor Swift Is in Talks for the First Billion-Dollar Concert Residency in History, and It’s Down to Madison Square Garden or the Sphere

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Billy Joel’s MSG run made $266.7 million. Celine Dion’s two Vegas residencies pulled a combined $681.3 million. Swift’s camp thinks she can pass both and hit ten figures.

The venue fight is down to Madison Square Garden in New York or the Sphere in Las Vegas, with MSG believed to be the frontrunner.

Exterior of the second Madison Square Garden building in New York City, 1940s
The second Madison Square Garden building as it stood in New York City during the 1940s. Photo by Hulton Archive / Getty Images.

Sources tell Naughty But Nice that while everyone watched the wedding festivities, entertainment executives were chasing a deal that could rewrite the live music business. “The wedding may have opened the door, but the real prize is a Taylor Swift residency,” one insider said. “That’s the billion-dollar opportunity everyone wants.”

The Sphere entertainment venue lit up at night in Las Vegas, Nevada
The Sphere glows over Las Vegas on June 29, 2024 — the 366-foot-tall venue features the world’s largest LED screen across its 580,000-sq-ft Exosphere. Photo by Ethan Miller / Getty Images.

The math is what makes it plausible. After the Eras Tour, executives see a permanent home as the next move: instead of hauling a stadium production across the globe, Swift brings the world to one room. “Fans would fly in from every continent,” another source said. “Hotels, restaurants, Broadway, airlines, everyone wins. It becomes an economic engine.”

Taylor Swift performing on stage at Groupama Stadium in France during the Eras Tour
Taylor Swift takes the stage at Groupama Stadium in Decines-Charpieu, France, during her Eras Tour stop on June 2, 2024. Photo by Jeff Pachoud / AFP via Getty Images.

The decision comes down to prestige versus spectacle. “MSG has the legacy. The Sphere has the spectacle,” an insider said. “Taylor is one of the few artists who could make either venue the center of the entertainment universe.”

General view of the Sphere venue alongside the Las Vegas Strip Circuit during F1 Grand Prix practice, November 2023
The Sphere looms over the Las Vegas Strip Circuit during F1 practice weekend in November 2023. Photo by Chris Graythen / Getty Images.

No deal has been signed, and Swift’s camp isn’t talking. Insiders believe the outcome is inevitable.

Taylor Swift performing on stage at Groupama Stadium in France during the Eras Tour
Taylor Swift takes the stage at Groupama Stadium in Decines-Charpieu, France, during her Eras Tour stop on June 2, 2024. Photo by Jeff Pachoud / AFP via Getty Images.

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Taylor Swift performing on stage in a sequined bodysuit, singing into a microphone, with a massive close-up of her on the LED screen behind her.
JEFF PACHOUD AFP via Getty Images
Exterior of the second Madison Square Garden building in New York City, 1940s
The second Madison Square Garden building as it stood in New York City during the 1940s. Photo by Hulton Archive Getty Images.
The Sphere entertainment venue lit up at night in Las Vegas, Nevada
The Sphere glows over Las Vegas on June 29, 2024 — the 366-foot-tall venue features the world's largest LED screen across its 580,000-sq-ft Exosphere. Photo by Ethan Miller Getty Images.
Taylor Swift performing on stage at Groupama Stadium in France during the Eras Tour
Taylor Swift takes the stage at Groupama Stadium in Decines-Charpieu, France, during her Eras Tour stop on June 2, 2024. Photo by Jeff Pachoud AFP via Getty Images.
General view of the Sphere venue alongside the Las Vegas Strip Circuit during F1 Grand Prix practice, November 2023
The Sphere looms over the Las Vegas Strip Circuit during F1 practice weekend in November 2023. Photo by Chris Graythen Getty Images.
Taylor Swift performing on stage at Groupama Stadium in France during the Eras Tour
Taylor Swift takes the stage at Groupama Stadium in Decines-Charpieu, France, during her Eras Tour stop on June 2, 2024. Photo by Jeff Pachoud AFP via Getty Images.

About the author

January Nelson

January Nelson

January Nelson is a writer, editor, and dreamer. She writes about astrology, games, love, relationships, and entertainment. January graduated with an English and Literature degree from Columbia University.