Business

Music publishing revenue will surpass $10 billion this year and reach $14 billion by 2030, according to new industry projections. Omdia forecasts 9.6 percent growth for publishing in 2025 compared with 5.2 percent for recorded music. Digital streaming will generate more than $8 billion in publishing income by decade’s end, up from $6 billion currently….

A new platform monitors concert ticket prices across resale markets using more than 10 years of historical data. TicketData provides price forecasts and purchase timing recommendations for events at no cost to users. The service arrives as major tours face criticism over secondary market inflation. The website displays Get-In Price metrics that show the cheapest…

Sean Combs will challenge his prostitution conviction through the federal appeals process. His lawyers submitted formal paperwork Monday following his sentencing to 50 months in prison. The music producer received two guilty verdicts for transporting individuals for prostitution purposes but avoided sex trafficking charges. Judge Arun Subramanian emphasized that the sentence aimed to demonstrate accountability…

Advertisers plan to reduce spending on TikTok as uncertainty grows over the platform’s American operations. The Trump administration says negotiations continue for a United States version of the social media application. China’s ByteDance currently owns the service and handles all commerce activities. Marketing executives question whether a restructured platform will match current performance levels. Some…

Multiple Wall Street firms predict Spotify shares will reach $800 despite recent leadership changes and mixed financial results. Morgan Stanley analyst Benjamin Swinburne assigned a buy rating with an $800 price target while the stock traded around $689. The firm cited potential revenue growth from artificial intelligence features and a premium superfan subscription tier. CFRA…

Apple Music will stream a Gracie Abrams concert from Red Rocks Amphitheater starting Oct. 29. The August performance features material from her 2024 album The Secret of Us and earlier releases. The broadcast begins at 7 p.m. It becomes available on demand in Pacific time afterward in Spatial Audio. Abrams will speak with Apple Music…

Merlin has withdrawn part of its lawsuit against Triller Hold Co, but continues legal action against parent company Triller Group. A judge approved the dismissal while keeping the case open against the remaining defendant. The music rights organization seeks millions in unpaid licensing fees from the social media platform. Triller Group faces a Wednesday deadline…

Lizzo faces legal action from GRC Trust over an unreleased song that references Sydney Sweeney. The track samples Win Or Lose (We Tried) by Sam Dees from the 1970s without proper licensing. GRC Trust claims the performer earned money from unauthorized use of the copyrighted material and seeks to block further distribution, plus financial damages….

Charli XCX may join the cast of A Tree Is Blue, the first feature film Dakota Johnson will direct. The Hollywood Reporter stated negotiations are nearly complete for the British pop star to appear in the production. Jessica Alba is also discussing a potential role in the project. Vanessa Burghardt wrote the screenplay and may…

U2 received the Woody Guthrie Prize on Tuesday at Cain’s Ballroom in Tulsa. Bono and the Edge accepted the award on behalf of the Irish rock band. The honor recognizes musicians who use their platform for social activism. The duo performed eight songs for attendees at the Oklahoma venue. They played U2 standards such as…