Karol G's tour totals US$ 184.2 million in tickets in the first 20 shows

The Viajando Por El Mundo Tropitour tour, by Colombian singer Karol G, has already totaled US$184.2 million (around R$985 million) in ticket sales. The number corresponds to the first 20 shows registered and was collected by Pollstar, according to Times Brasil.

In the weekly Global Concert Pulse ranking, the artist appears in first place. The same survey indicates an average of US$9.2 million (around R$49 million) in gross revenue per performance, which gives the financial dimension of each stage of the tour.

To date, Tropitour has visited stadiums in the United States and Canada. According to Times Brasil, other stages are already planned, which suggests that the total recorded tends to increase as new shows enter the count.

The data is important because it measures the public's appetite for large-scale in-person presentations, a segment that usually arouses interest from investors linked to entertainment, ticket sales and sponsorships. This is, however, gross revenue. The report does not provide details of production costs, fees or expenses, which limits the reading of the real profitability of the operation.

It is also worth remembering that the values ​​in reais are conversions made from the dollar. For the Brazilian reader, the exchange rate of the American currency changes the size of these figures from one day to the next.

What changes for the investor

The main signal for the investor is demand. Sales of this magnitude indicate that the consumption of shows remains strong, which, in theory, could favor ticket sales companies, producers and brands that operate in the segment. This effect depends, however, on complete data on margins and costs, which are not included in the published survey. With the information available, it is not possible to conclude about the performance of shares or other assets.

Automatically translated from Portuguese.