What's happened
Taylor Swift's concert film, 'Taylor Swift: The Eras Tour,' breaks records as the highest-grossing concert film in North America for an opening weekend.
Why it matters
The success of Taylor Swift's concert film demonstrates the enduring popularity of her music and the value of cinemas and live events. It also provides a much-needed boost to theaters that have been impacted by the Hollywood strikes.
What the papers say
Axios says that Taylor Swift's concert film has become the highest-grossing concert film in North America for an opening weekend, highlighting the value of cinemas and live events. The New York Times reports that the film earned $95-97 million at the box office in the US and Canada during its opening weekend, setting a new record for advanced sales. The Independent mentions that the film has already surpassed the October launch record of 'Joker' and has become the highest-grossing concert film ever in North America. The film's success is seen as a positive development for theaters that have been affected by the Hollywood strikes.
How we got here
Taylor Swift's Eras Tour has been a massive success, grossing over $780 million and becoming the second-highest grossing tour of all time. The concert film, which is based on the tour, was highly anticipated and generated significant buzz prior to its release.
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