Singapore said on Tuesday that it had given American singer Taylor Swift, a global pop star, a subsidy to perform in the city-state, the only stop on her Southeast Asia tour. The eras.
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In a joint statement, the Ministry of Culture and the Singapore Tourism Board said the authorities had been working directly with tour operators to finalize preparations for the event.
Last week, Thai Prime Minister Srettha Thavisin claimed that the city-state had an exclusivity agreement with Taylor Swift so that she would only perform in Singapore in the Southeast Asian region.
Singapore authorities refused to disclose the amount of the subsidy and did not say whether an exclusivity agreement had been concluded, hiding behind the confidentiality of commercial contracts.
They stressed that the star's concerts are expected to bring “significant benefits to the Singapore economy.”
An entertainment industry veteran, who did not want to be named, told AFP that it was “not uncommon” to ask for exclusive contracts but that it was “not that common for artists to comply with this request.”
Following the COVID-19 pandemic, Singapore attracted many international artists, including South Korean K-pop girl group Blackpink, British singers and musicians Harry Styles and Ed Sheeran, and British pop-rock group Coldplay.
Taylor Swift is scheduled to perform six sold-out concerts at the Singapore National Stadium in early March, where more than 300,000 spectators are expected.
After Singapore, the singer will continue her tour in Europe. The profit from this tour is estimated at the astronomical sum of $2 billion.