"The very thing being painted as an existential threat to the industry may be the thing capable of saving it," writes Jen AI co-founder/CEO Shara Senderoff.
The secondary ticketing company had gross sales of $8.7 billion in 2024 and plans to use the IPO proceeds to pay down its $2.33 billion of long-term debt.
The Chinese streaming company gained 11.6% as the 20-company Billboard Global Music Index rose 3.0% to 2,533.53.
Also in Canadian music news this week, the IFPI Global Report touts revenue growth in the market and the Canadian Country Music Association adds a new category.
The personalized playlists, which let users know when their top artists are scheduled to perform nearby, will include links to buy tickets.
The trio of reports revealed continued subscription growth but smaller improvements than in previous years as the major labels increasingly look to small and developing markets.
A judge is refusing to dismiss accusations that Derulo must give credit to a producer for work on the chart-topping song.
"The strategy really opened the conversation and made the fans feel like a part of the process," says Carti's manager Erin Larsen.
The Colombian star's record-breaking Las Mujeres Ya No Lloran tour in Mexico not only shattered attendance records but also generated millions in tourism and economic revenue.
UMG has argued that nobody takes "outrageous" diss lyrics as statements of fact, but Drake's lawyers say that argument is "doomed to fail" because many people did exactly that.
