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Movie Production Market To Grow By USD 56.11 Billion (2024-2028)

Eric Alper
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Movie Production Market To Grow By USD 56.11 Billion (2024-2028)

The global movie production market size is estimated to grow by USD 56.11 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  10.76%  during the forecast period. Growing popularity of global box office is driving market growth, with a trend towards increased focus on digital movie screens. However, growing threat of piracy  poses a challenge. Key market players include A24 Films LLC, Amazon.com Inc., Annapurna Productions LLC, Anonymous Content, Comcast Corp., Dalian Wanda Group, Dharma Productions Pvt. Ltd., Eros International Media Ltd., Lions Gate Entertainment Corp., Paramount Global, RatPac Entertainment LLC, Red Chillies Entertainments Pvt. Ltd., Sony Group Corp., Storyteller Distribution Co. LLC, Technicolor Creative Studios SA, The Walt Disney Co., UltraV Holdings LLC, Village Roadshow Ltd., Warner Bros. Entertainment Inc., and Yash Raj Films Pvt. Ltd..

The global movie production market is experiencing significant growth due to the rise in digital movie screens worldwide. Consumers’ increasing disposable income and preference for exceptional movie experiences have led to increased investments in digital theaters. Digital Cinema Packages (DCPs), which include all necessary digital data for movie projection, have replaced traditional film prints. DCPs offer benefits such as easier transportation, better image and sound quality, and reliability. The growing number of digital movie screens will directly contribute to the market’s expansion during the forecast period.

The movie production market is thriving with new trends and technologies. Commerical films, documentaries, and short movies are in high demand. Movies are now being produced using innovative methods such as virtual reality and 3D movies. Online platforms are playing a significant role in movie distribution. Producers are using social media and other digital marketing strategies to promote their movies. Movies are being shot in various locations around the world. The use of cinemascope and high definition cameras is common. The movie industry is also focusing on sustainability by using eco-friendly production methods. The future of movie production looks promising with advancements in technology and changing consumer preferences.

The film industry faces a significant challenge with the rise of movie piracy, an unlawful act involving the unauthorized distribution of copyrighted movies or TV shows. This issue is particularly prevalent with the growth of online movie ticket booking services, providing a convenient platform for accessing pirated content. Consequences include decreased industry revenue, discouragement of high-quality content investment, and potential long-term decline in film diversity. To combat piracy, stronger copyright enforcement, advanced digital rights management, and public awareness campaigns are essential. Collaboration among industry stakeholders is crucial to ensure fair compensation for content creators and maintain the movie production market’s growth.

The movie production market faces several challenges in today’s dynamic business environment. Movies and music are interconnected, with production companies requiring both to create engaging content. The cost of production is a significant challenge, with the need to invest in high-quality equipment and talent. Distribution is another hurdle, as companies must navigate various platforms to reach audiences. The digital age brings new opportunities but also increased competition. Producers must adapt to new technologies and consumer preferences while maintaining creative integrity. Additionally, regulatory issues and intellectual property rights add complexity to the production process. Overall, movie production companies must balance creativity, cost, and competition to succeed in this market.

 The English movie production market is experiencing significant growth due to advancements in technology. Key players like Warner Bros and Walt Disney are leading the way, with extensive film libraries and new direct-to-consumer platforms. Disney’s collection includes over 5,500 movies and 30 television shows. In addition, Disney’s Fox brands offer a range of scripted, reality, and documentary content. Innovations such as 360-degree videos and virtual reality are emerging trends, providing experiences for audiences worldwide. These technologies are driving the market forward, offering new opportunities for English filmmakers.

In the dynamic and evolving movie production market, traditional theaters continue to thrive alongside innovative modes of watching. The emergence of 3D films and virtual reality (VR) technology has revolutionized the cinematic experience. IPTV and digital newspapers provide access to the latest news and reviews, while DTH and digital cable offer a wide range of channels, including general entertainment movies and international content from China, Japan, India, the Philippines, Vietnam, Australia, and more. Streaming platforms and online streaming services have further disrupted the industry, making it possible to watch TV shows and movies at one’s convenience. Production houses play a crucial role in the creation of this content, with creative writing and music being essential components. Squid Games and other popular productions have captured global attention, highlighting the market’s endless potential for innovation and entertainment.

The Movie Production Market encompasses various elements including films, TV shows, and streaming platforms. Movies and TV series are created through a complex process involving scriptwriting, casting, filming, editing, and distribution. Three-day films, documentaries, and reality shows are popular genres in this market. Movies and TV formats are produced using moving pictures and sound. The market is driven by consumer preferences, technological advancements, and industry trends. Streaming platforms have disrupted traditional distribution methods, leading to a shift towards digital content consumption. Movies and TV productions require significant investments in resources and manpower. Strategic planning, marketing, and innovation are crucial for success in this competitive industry. Millions of people worldwide enjoy movies and TV shows as a form of entertainment and relaxation.

Comic Relief U.S. Hosts “Comic Relief Live,” A Star-Studded Evening of Laughter, Music and Entertainment for Good

Eric Alper
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Comic Relief U.S. Hosts “Comic Relief Live,” A Star-Studded Evening of Laughter, Music and Entertainment for Good

Last evening, Comic Relief US hosted “Comic Relief Live,” a star-studded affair harnessing the power of entertainment to build a just world, free from poverty. Hosted at Jazz at Lincoln Center, this one-of-a-kind event featured a laugh-inducing lineup of comedians, playful musical performances, and fun-filled special appearances to delight, inspire, and unite attendees around a common goal – creating a world of opportunity for everyone.

A highlight of the evening, comedy legends Billy Crystal, Whoopi Goldberg, and Robin Williams (posthumously) were honored with the inaugural Icon Award for their decades of using the power of comedy to catalyze social change for millions around the U.S. Crystal and Goldberg were present to accept the award, joined by Zelda Williams in a touching tribute to her father’s legacy.

“Using the power of comedy to tackle life’s problems has been a huge part of my life,” said legendary comedian, actor, and filmmaker Billy Crystal. “My partnership with Whoopi and Robin and all who made our shows successful is a highlight of my career and it’s truly special for us to be honored by Comic Relief US. After all these years, it’s incredible to see the enduring impact the organization has made and will continue to make. We shed light on one of America’s tragedies and through the laughs we and our brotherhood of comedians delivered, we revealed the perfect punch line. Comic Relief….it’s no joke.”

“When Billy, Robin and I started our comedy shows, we wanted to make people laugh but more importantly we wanted to make a difference for the families and communities that were hurting, particularly those experiencing homelessness,” said celebrated EGOT winner Whoopi Goldberg. “The funds we raised created safe spaces for families, women, and children that are still going to this day – this is what Comic Relief was and is still magnificent at.”

“I’m honored to represent my Dad tonight alongside two of his best friends and longtime collaborators, Whoopi and Billy,” said Zelda Williams, daughter of the brilliant actor, comedian and humanitarian Robin Williams. “I can honestly think of few things that better represent him than the pursuit of laughter in the face of adversity and the ever more necessary battle against poverty. So from the entire Williams family, thank you Comic Relief for continuing to embody both those callings, and for honoring him and these wonderful humans I am grateful to know.”

Throughout the night, guests were treated to nonstop laughs and standout sets from an impressive roster of talent, including Golden Globe, Tony and Grammy-nominated comedian, actress, and producer Amy Schumer, long-running Saturday Night Live alum, comedian, and actor Tim Meadows, comedian, actress, and New York Times best-selling writer Phoebe Robinson, multi-faceted comedian, actor, writer, and director Michael Ian Black, trailblazing comedian, writer, and actress Amber Ruffin, Tony and Emmy award-winning stand-up comedian, actor, and writer Alex Edelman, comedian and impressionist Matt Friend, and the Middle Aged Dad Jam Band featuring David Wain and Ken Marino and a special performance with “Weird Al” Yankovic.

“There’s real power in laughter – it can create understanding, bridge divides, and open doors that can catalyze lasting impact,” said Alison Moore, CEO of Comic Relief US. “Comic Relief Live was a beautiful reminder that while the work to end childhood poverty is no laughing matter, bringing people together with comedy and entertainment can spark real change that builds brighter futures for millions of children and young people around the world.”

During the program, revered auctioneer Lydia Fenet took to the stage as attendees made donations towards Comic Relief US. Funds raised will support the organization’s investments in programs and nonprofit organizations that address both the root causes and consequences of poverty – including food insecurity, gaps in the education system, and access to housing and healthcare. Comic Relief US has raised over $436 million in the last decade, positively impacting more than 35 million young people globally.

One truly special moment was hearing directly from Liam Lunkamba, a youth ambassador for Covenant House NY, a nonprofit providing safe spaces and new opportunities for young people.  A longtime grantee partner of Comic Relief US, Covenant House plays a vital role in moving young people from poverty and homelessness to a place of hope. Liam’s stories on the impact of their work around the world gave a powerful example of what’s possible when individuals and organizations come together to make a difference in the lives of others.

Comic Relief Live was led by a powerhouse committee of leaders and philanthropists who are elevating the mission and vibrant spirit of Comic Relief US, including: Joanna Coles (co-chair), Jacki Kelley (co-chair), Daisy Auger-Dominguez, Bernadette Aulestia, Shelley Brindle, Dan Bucatinski, Stephanie Dobbs Brown, Susan Credle, Richard De Villiers, Michele Ganeless, Kirsty Graham, Jackie Hernandez, Jillian Janaczek, Suzy Jurist, Allison Lambroza, Alia Lamborghini, John Makinson CBE, Lucinda Martinez, Courteney Monroe, Sarah Personette, Jack Rico, Pavia Rosati, Simon Shaw, Debra Shuwarger, Michael Sugar, and Maria Weaver.

For more information on Comic Relief US, visit www.comicrelief.org.

It Gets Better’s Youth Voices Name Chappell Roan as First-Ever “Joy Rebel of the Year”

Eric Alper
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It Gets Better’s Youth Voices Name Chappell Roan as First-Ever “Joy Rebel of the Year”

It Gets Better, the world’s largest effort to empower LGBTQ+ youth, today announced Chappell Roan as its inaugural “Joy Rebel of the Year.” The honor was bestowed upon “The Midwest Princess” by the organization’s Youth Voices, consisting of ten queer youth ambassadors from around the country, including two from the Midwest. This recognition comes at a time when queer and trans youth face a barrage of bigoted legislation, with more than 500 anti-LGBTQ+ bills introduced in 2024 alone and a slate of new attacks waiting in the wings. Through the Joy Rebellion campaign, It Gets Better highlights their resilience and defiance in the face of these escalating attacks on their rights and identities.

“With legislation targeting our very existence on the rise, LGBTQ+ youth may be facing relentless attacks – but no law, politician, or hate can strip them of their joy,” the campaign declares. “Joy is what keeps LGBTQ+ youth thriving, defiant, and full of life. And now, we need the LGBTQ+ community and its allies to rally around these kids more than ever.”

Chappell Roan embodies this spirit of rebellion and joy. In a column authored by the Youth Voices that premiered on Out.com, they describe Roan as “more than an artist who creates music we love to scream-sing; she’s a force of nature who shows us what it looks like to take up space unapologetically. Chappell’s music has opened up a space for conversations many of us have never had but honestly needed.”

As a queer woman, Roan’s presence and advocacy resonate deeply with LGBTQ+ youth, especially in communities that often feel isolating. From empowering lyrics to her iconic MTV Video Music Award speech dedicated to queer youth in the Midwest, Roan has become a symbol of defiant joy. Her dedication to creating affirming spaces and uplifting queer voices is a testament to the campaign’s mission of elevating joy as an act of defiance.

“When you feel alone in your sexual orientation and unable to find community, a Chappell Roan song helps you through,” wrote the Youth Voices. Roan’s music and advocacy extend beyond the stage. “In an industry that often sidelines LGBTQ+ artists, she stands firm, demanding respect for herself and for all of us… reminding us that success isn’t just about breaking through barriers—it’s about ensuring others can follow.”

“Chappell Roan has given us more than incredible music—she’s given queer youth permission to be their full, unapologetic selves,” said Brian Wenke, Executive Director of It Gets Better. “That spirit is at the heart of this Joy Rebellion. When we recognize the intrinsic value of all people, regardless of how they live their lives, channel their love, or express their humanity, then we are leaving space for joy. We do this every day at It Gets Better and are determined to shine a light in the dark for every young LGBTQ+ person seeking affirmation and acceptance.”

The Joy Rebellion campaign continues through the end of the year, showcasing the stories of LGBTQ+ youth who have found joy and resilience through the organization. The campaign highlights It Gets Better’s initiatives like 50 States. 50 Grants. 5000 Voices, which has awarded more than $1.3 million to fund 140+ student-led, school-based grants to uplift queer young people in 47 states. The org’s Youth Voices program is in its fifth cycle, mentoring ten young LGBTQ+ leaders each year. It Gets Better continues to be the largest LGBTQ+ youth non-profit on TikTok, Tumblr, Twitch and YouTube. To join the rebellion and learn more, visit itgetsbetter.org

It Gets Better is a 501(c)3 nonprofit organization that strives to uplift, empower and connect LGBTQ+ youth around the globe. Launched in 2010 as the result of one of the most successful viral video campaigns in YouTube’s history,  It Gets Better provides critical, life-affirming support to LGBTQ+ youth worldwide by leveraging the power of media to reach millions of people every year. The organization has expanded its storytelling efforts to include educational programming via It Gets Better EDU and has a global footprint spanning four continents and eight major languages via It Gets Better Global. It Gets Better is the number one non-profit for LGBTQ+ youth on TikTok, Tumblr, Twitch and YouTube.

The non-profit has garnered support from President Joe Biden, former President Barack Obama, and former Secretary of State Hillary Clinton, along with numerous celebrities, including Kelly Clarkson, Gabrielle Union, Chris and Scott Evans, Jojo Siwa, Zachary Quinto, Mj Rodriguez, Hayley Kiyoko, and Gigi Gorgeous. More than 750,000 people have taken the It Gets Better pledge to share messages of hope and speak up against intolerance. Please visit www.itgetsbetter.org for more information, and join the conversation on all social platforms @itgetsbetter.

Whitney Cummings Announces 2025 Dates for Her ‘Big Baby’ Tour Across the U.S.

Eric Alper
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Whitney Cummings Announces 2025 Dates for Her ‘Big Baby’ Tour Across the U.S.

Renowned comedian, writer, producer, and director Whitney Cummings has officially announced the second leg of her Big Baby stand-up comedy tour. Building on the extraordinary success of her 2024 run, which saw sold-out shows, Cummings continues to make history as one of the most influential figures in comedy.

On her Big Baby North American tour, Cummings delivers her signature sharp wit and fearless perspective navigating our wild world as a single mom. Fans can expect her laugh-out-loud takes on the chaos of personal growth, owning her mistakes and her humorous reflections on raising a son. With her unfiltered, relatable style, Big Baby promises an unforgettable comedy experience, brimming with the insight and energy that have made Cummings a standout performer.

“I’m so psyched to add more cities to the Big Baby tour, especially since my Big Baby loves to tour,” said Cummings. “I used to think having a kid would be the end of my comedy and touring career, so it’s been a miracle to see so many people coming out to hear what I have to say about motherhood and being so excited for me to finally grow up and start building a family after sharing so much about my crappy childhood and relationship mistakes. Also, I’m trying to leave California, so each city I go to, I’m also auditioning for a new hometown!”

Lauded by Variety as “one of the sharpest minds in comedy,” Cummings continues to redefine the genre with her bold storytelling and dynamic presence, cementing her status as a trailblazer in the entertainment industry. Celebrated for her incisive wit and razor-sharp delivery, she masterfully dissects modern life’s absurdities with unparalleled humor and charm. Cummings continues to push boundaries and redefine comedy, making her a powerful and enduring force in the industry.

Due to overwhelming demand, the Big Baby tour will expand to 31 shows in 2025, kicking off on January 3 at the Comedy Mothership in Austin, TX. The tour will visit major U.S. cities such as Tampa, Cleveland, Pittsburgh, Napa, Milwaukee, Seattle, Phoenix, Las Vegas and Knoxville, in addition to a four-city stop at the Great Outdoors Comedy Festival in Canada. Full tour routing and ticketing information is below.

Tickets will be available starting with artist presales on Tuesday, December 10, at 12 P.M. local, using the password ‘BABY’. Additional presales will run throughout the week ahead of the general onsale, beginning Friday, December 13 at 10 A.M. local at whitneycummings.com.

Whitney first gained recognition as a stand-up comedian and has since become a multifaceted talent in entertainment, cementing herself as one of the most renowned comedic voices of the last two decades. She co-created and co-wrote the Emmy Award-winning CBS sitcom, 2 Broke Girls, and simultaneously created, produced, and starred in NBC’s Whitney. This Fall, she’s set to host Fast Friends, a fan competition series celebrating the beloved sitcom Friends‘ 30th anniversary on Max. Known for her bold, observational humor, Cummings is currently on the road with her Big Baby North America tour, exploring her signature themes of relationships, gender dynamics, and modern dating, while also delving into new topics like motherhood, aging, and societal expectations, blending personal anecdotes with incisive commentary. She has released six stand-up specials across Netflix, Max, and Comedy Central, with her latest, Mouthy, debuting in November 2023. Beyond comedy, Cummings is a bestselling author, with her 2017 memoir I’m Fine…And Other Lies, offering an honest look at mental health and resilience with unflinching honesty and humor. That same year, she made her directorial debut with The Female Brain, which she co-wrote and starred in. Cummings continues to star in numerous television series and films and remains a driving force behind innovative projects in entertainment. She also hosts the hit podcast Good For You, interviewing fellow comedians, cultural icons, and industry experts. When she’s not touring, Cummings lives in Los Angeles with her son, her pack of rescued dogs, and her horse.

‘BIG BABY’ 2025 TOUR DATES:

Fri., Jan. 3 – Austin, TX – Comedy Mothership (7pm show, 10pm show)
Sat., Jan. 4 – Austin, TX – Comedy Mothership (7pm show, 10pm show)
Sun., Jan. 5 – Austin, TX – Comedy Mothership (8pm show)
Thu., Feb. 6 – San Luis Obispo, CA – Fremont Theater
Fri., Feb. 7 – Monterey, CA – Golden State Theatre
Sat., Feb. 8 – Turlock, CA – Turlock Community Theatre
Fri., Feb. 21 – Ft. Pierce, FL – Sunrise Theatre
Sat., Feb. 22 – Tampa, FL – Tampa Theatre
Fri., Feb. 28 – Cleveland, OH – The Agora
Sat., Mar. 1 – Pittsburgh, PA – Carnegie Library Music Hall of Homestead
Thu., Mar. 6 – Redwood City, CA – Fox Theatre
Fri., Mar. 7 – Reno, NV – Grand Theatre at The Grand Sierra Resort
Sat., Mar. 8 – Napa, CA– Uptown Theatre Napa
Fri., Mar. 21 – Tarrytown, NY– Tarrytown Music Hall
Sat., Mar. 22 – Concord, NH – Capitol Center for the Arts
Fri., Mar. 28 – Milwaukee, WI – Pabst Theater
Sat. Mar. 29 – Green Bay, WI – Meyer Theatre
Fri., Apr. 11 – Spokane, WI – Bing Crosby Theater
Sat., April 12 – Seattle, WA – Moore Theatre
Sat. April 19 – Phoenix, AZ – Orpheum Theatre Phoenix
Fri., May 2 – Lexington, KY – Lexington Opera House
Sat., May 3 – Indianapolis, IN – Egyptian Room at Old National Centre
Fri., May 9 – Chattanooga, TN– Walker Theatre
Sat., May 10 – Knoxville, TN– Bijou Theatre
Sat., May 25 – Las Vegas, NV – Palazzo Theatre at The Venetian Resort
Fri., Jul. 18 – Winnipeg, Canada – Great Outdoors Comedy Festival
Sat., Aug. 9 – Halifax, Canada – Great Outdoors Comedy Festival
Fri., Aug. 22 – Calgary, Canada – Great Outdoors Comedy Festival
Fri., Sept. 12 – Vancouver, Canada – Great Outdoors Comedy Festival

 

Khruangbin and Lord Huron to Perform at the Second Annual Outside Festival on May 31 – June 1, 2025

Eric Alper
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Khruangbin and Lord Huron to Perform at the Second Annual Outside Festival on May 31 – June 1, 2025

Following the overwhelming success of last year’s event, the Outside Festival with presenting sponsors Capital One and REI Co-op will return to downtown Denver’s Civic Center Park, May 31-June 1, 2025. Bigger and better, this year’s event will feature a top shelf music lineup, films, speakers, outdoor sports, and much more. Tickets officially go on sale starting this Wednesday, Dec. 11 at 10 a.m. Mountain Standard Time.

Khruangbin, Lord Huron, Sylvan Esso, Trampled by Turtles, Neal Francis, Waxahatchee, Husbands, Hazlett, and other artists to be announced will perform on Saturday, May 31 and Sunday, June 1. In addition to live music, the Outside Festival has two full days of events with adventure film screenings, athlete panels and signings, climbing experiences, yoga classes, workshops, gear demos, a kids’ zone, exciting food options, and a variety of immersive brand engagements. The Outside Summit, a precursor to the Festival and the outdoor industry’s premier networking event attended by over 500 influential leaders, will return on Thursday, May 29, with a full day of programming on Friday, May 30, plus exclusive gatherings and Festival access over the weekend.

“We’re beyond excited to bring the Outside Festival and Summit back to Denver in 2025,” said Denver Mayor Mike Johnston. “Last year’s festival was a resounding success and we’re thrilled to once again spotlight Denver’s vibrant community and culture as one of the nation’s best cities to work, play, live, and visit.”

Last year’s inaugural Outside Festival attracted over 18,000 people and generated an estimated $16 million for Denver’s local economy. With a larger footprint in 2025, organizers this year are expecting more than 25,000 attendees. In addition to Civic Center Park, the event will expand to include Lincoln Veterans Memorial Park, as well as spaces inside the Denver Art Museum and the newly renovated Denver Public Library.

“Colorado’s outdoor recreation economy accounts for $66 billion annually, and is a core part of what makes our city and state so successful and vibrant,” said Conor Hall, Director of the Outdoor Industry for the State of Colorado. “Bringing this event back to Colorado cements our place as a leader in this industry, and we’re thrilled to see everyone this spring.”

The event is managed by Boulder-based Outside Interactive Inc. with support from The State of Colorado’s Outdoor Recreation Industry Office and Visit Denver, and executive production by Groundswell Experiential, an industry-leading event and festival agency, and Superfly.

“Outside’s mission has always been to encourage more people to get outdoors, discover, learn, and engage fully with all that nature provides,” said Robin Thurston, CEO of Outside Interactive Inc. “The Outside Festival and Summit will continue to embody that same ethos, offering a space where people can engage and deepen their appreciation for the outdoors alongside others who share the same passion. We hope you’ll join us in 2025 for a weekend of adventure, growth, and community.”

Outside Festival presenting sponsor Capital One is running an exclusive Capital One cardholder presale, giving eligible cardholders –including REI Co-op MasterCard customers– 48-hour early access to tickets beginning Wednesday, Dec. 11 at 10 a.m. MST, and ending at 10 a.m. MST on Friday, Dec. 13.

Capital One and REI Co-op MasterCard cardholders will enjoy benefits leading up to and during the festival, such as early-bird pricing throughout the entire Outside Festival ticket sales window, 15% merchandise and concessions discounts, express entry lines, and exclusive access to the Capital One cardholder lounge on-site during the festival for a premium experience. Festival attendees will also have access to the REI Village, featuring emerging brands, product demos, and more!

Immediately following the Capital One cardholder presale, all tickets will be released to the general public at 10 a.m. MST on Friday, Dec. 13, starting at $99 for the full weekend. VIP packages will start at $150 for a single day and $275 for the full weekend, with access to a premium VIP viewing area, exclusive food vendors, private bar access, expedited entry, and more. Outside+ members have access to early-bird pricing throughout the entire sales window on single-day general admission tickets and all VIP ticket types, plus members have the opportunity to purchase GA+ tier tickets at general admission pricing. Two-day GA+ tickets start at $175 and include perks like express entry, private bathrooms, additional food and beverage options, and access to the Outside+ Lounge. Children ages 12 and under enter free. For more information or to purchase tickets, visit theoutsidefestival.com.

Non-Fungible Token (NFT) Market to Grow by USD 68.16 Billion From 2024-2028

Eric Alper
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Non-Fungible Token (NFT) Market to Grow by USD 68.16 Billion From 2024-2028

The global non-fungible token (NFT) market size is estimated to grow by USD 68.16 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  30.23%  during the forecast period. Increasing demand for digital art is driving market growth, with a trend towards growing interest in nfts among major brands. However, uncertainty in nfts  poses a challenge. Key market players include AirNFTs Platform, Asynchronous Art Inc., Binance Holdings Ltd., Blockchain App Factory, Celer Network, Chaincella, Decentraland Foundation, Enjin Pte. Ltd., Foundation Labs Inc., Funko Inc., Gemini Trust Co. LLC, Mintable.app, Ozone Networks Inc., Out The Mud Ventures Inc., Rarible Inc., Sky Mavis, SuperRare Labs Inc., Tiki Labs Inc., Yellowheart LLC, Axie Infinity.Cloudflare, Inc.; PLBY Group, Inc.; Dolphin Entertainment, Inc.; Takung Art Co., Ltd.; Dapper Labs, Inc.; Onchain Labs, Inc

NFTs, or Non-Fungible Tokens, have taken the art, athletes, and celebrities worlds by storm. These digital assets, representing unique items like artworks, collectibles, and even virtual real estate, are creating buzz in various industries. Blockchain technology powers NFTs, ensuring transparency, ownership, and scarcity. The gaming industry and media & entertainment sector are leveraging NFTs for tokenizing games, trading cards, and virtual items. Artists and athletes are minting NFTs of their digital artworks and collectibles, offering fans exclusive ownership. Augmented Reality (AR) and Extended Reality (XR) are enhancing the NFT experience, making it more interactive. The NFT community is growing, with online platforms enabling easy buying, selling, and trading. However, regulatory considerations, consumer protection, and legal frameworks are crucial. Fraud and taxation are concerns, with securities laws and intellectual property rights coming into play. Blockchain networks like Ethereum and proof-of-work/stake mechanisms ensure secure transactions. The NFT market is evolving, with potential applications in decentralized finance, music, and even virtual vehicles. The future looks promising, with the metaverse and virtual reality (VR) offering new possibilities. The White House and third parties are exploring NFTs, signaling mainstream adoption.

Big brands, such as Visa Inc. And Budweiser, are increasingly exploring the Non-Fungible Token (NFT) market for potential earnings. In August 2021, Visa Inc. Made a significant investment by purchasing a CryptoPunk NFT for approximately USD165,000. This acquisition expanded Visa’s historic commerce artifacts collection. The primary motivation for these corporations is the opportunity to generate additional revenue. Furthermore, they are focusing on utilizing NFTs as incentives for consumers. For instance, NFTs can serve as innovative rewards, offering exclusive gifts to loyal customers.

Non-Fungible Tokens (NFTs) have disrupted the art, collectibles, and entertainment industries by allowing unique digital assets to be bought and sold as property. Artists, athletes, celebrities, and even the White House have joined the NFT community, creating digital artworks, collectibles, and virtual items backed by blockchain technology. NFTs provide proof of ownership, scarcity, and authenticity, making them attractive to investors. However, challenges persist, such as regulatory considerations under securities laws, consumer protection, and fraud. Distributed networks like Ethereum facilitate NFT trading, but logistical issues and taxation remain unclear. The gaming industry, media & entertainment, and decentralized finance are exploring NFTs for tokenization of games, virtual items, and digital property. Augmented Reality (AR) and Extended Reality (XR) are expected to enhance the NFT experience. However, legal frameworks and regulatory considerations need to address intellectual property, third-party rights, and securities laws. Ultimately, NFTs offer a new way to monetize and trade digital assets, but careful planning and regulation are crucial to ensure a fair and secure marketplace.

The Non-Fungible Token (NFT) market presents both opportunities and challenges for sellers. Valuation of NFTs is uncertain due to the difficulty in determining future demand and pricing. Factors such as scarcity, uniqueness, and buyer perception play a significant role in determining NFT value. New sellers face challenges in anticipating buyer identity and purchase drivers. As the market continues to evolve, predicting future trends in NFT pricing remains difficult for new investors. The value of NFTs is subjective and dependent on buyer perception, leading to price fluctuations.

Non-Fungible Tokens (NFTs) refer to unique digital collectibles, minted on the Blockchain. These collectibles are limited-edition and cannot be exchanged or replicated. Vendors offer online platforms for buying and selling NFTs. Key features include the owner’s exclusive right to sell, royalty payments on future sales, and protection against unauthorized use or copying. The NFT market’s expansion is fueled by the increasing demand for digital assets worldwide. Industries are going digital, and the Internet’s ubiquity, along with rising usage, encourages investments in digital assets. Tokenization, which creates digital tokens representing asset ownership, further boosts market growth. These factors are expected to significantly contribute to the growth of the global NFT market.

The Non-Fungible Token (NFT) market is revolutionizing the way we buy, sell, and own digital assets. This innovative technology allows for the unique representation and ownership of electronic artworks, gaming items, and collectibles on the blockchain. The gaming industry has embraced NFTs, enabling tokenization of in-game items and creating new revenue streams. NFTs on Ethereum network provide scarcity and ownership, making digital artworks valuable and collectible. Legal frameworks are evolving to accommodate this new asset class, while AR, VR, and XR technologies enhance the NFT experience. Blockchain technology and cryptocurrencies power the NFT market, with Web 3 enabling decentralized finance and creating new distribution networks. Fraud prevention is crucial in this market, with NFT suppliers ensuring authenticity and ownership. The NFT market offers a new frontier for creators, collectors, and investors, with Magic Eden and other platforms serving as marketplaces for these unique digital assets.

The Non-Fungible Token (NFT) market is a revolutionary digital ecosystem where Art, Digital Artworks, and Collectibles come to life as unique, verifiable, and tradable assets on the blockchain. This decentralized platform allows Artists, Athletes, and Celebrities to monetize and showcase their Intellectual Property in the form of NFTs, including Painting, Music, and even Virtual Real Estate. Blockchain technology enables Ownership and Transfer of these Digital Assets with transparency and Security. NFTs are not limited to the Art World but extend to Gaming Industry, Sports Collectibles, Trading Cards, and Virtual Items. The market also includes Decentralized Finance, Cryptocurrencies, and Cryptocurrencies/assets. Regulatory considerations and Consumer Protection are essential aspects of this emerging market, with legal frameworks and Taxation being crucial. NFTs can be traded on various Online Platforms, and the market is expanding into Extended Reality (XR) and Metaverse, offering new opportunities for creators and investors. However, Fraud and Scam risks exist, highlighting the need for careful consideration and due diligence. NFTs represent a new frontier in the Digital Economy, with potential applications in various industries, including Media & Entertainment, Logistics, and even House and Vehicle ownership. Smart Contracts and Proof of Work or Stake are essential components of the NFT market, enabling seamless Transactions and Distribution Networks. The NFT community continues to grow, with various Third Parties offering services and solutions to facilitate the creation, trading, and management of NFTs. The NFT market is a dynamic and evolving space, offering endless possibilities for creators, investors, and consumers alike.

Taylor Swift and Coldplay Top Pollstar’s 2024 Year-End Worldwide Chart

Eric Alper
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Taylor Swift and Coldplay Top Pollstar’s 2024 Year-End Worldwide Chart

 Pollstar, the “Voice of Live” and trusted authority for in-depth concert and live industry data, proudly announced that Taylor Swift‘s “The Eras Tour” and Coldplay’s “Music of the Spheres World Tour” have set new benchmarks in the global concert industry. Swift’s historic achievement as the first-ever tour to gross more than $2 billion highlights her unparalleled impact, while Coldplay’s tour solidified its place in history with over 10.3 million tickets sold—the most by any artist on a single tour. Both tours claimed the top two spots on Pollstar’s Top 200 Worldwide Top Touring Artists chart, released by the premier trade publication in its Year End issue published today, with Coldplay also gracing the cover of this milestone edition.

In Pollstar’s highly anticipated annual Year End issue, featuring the charts, in-depth industry insights, surveys, and more, it is confirmed that Taylor Swift has made history as the first artist to achieve a $2 billion-grossing tour, with a total gross of $2,201,107,485. Swift’s record-breaking 2024 gross of $1.04 billion and more than 5.2 million tickets sold across 80 shows during the reporting period, cemented “The Eras Tour” as an undeniable cultural phenomenon. Notably, the tour also became the first in history to surpass the $1 billion milestone last year. With 10.05 million tickets sold across the entire tour, Swift now holds the record for the most tickets sold on any tour by a solo artist. The overall record for tickets sold on a single tour is held by Coldplay’s “Music of the Spheres,” which surpassed 10 million tickets with a total of 10.3 million.

“2024 has proven to be a historic year for the live entertainment industry, one we may never see again in our lifetimes,” said Andy Gensler, Pollstar Editor-In-Chief. “While the industry has slowed since 2023, we still saw record-setting revenues, with the top two tours of all time running concurrently. Taylor Swift’s powerhouse ‘The Eras Tour’ shattered the all-time touring record, while Coldplay’s ‘Music of the Spheres Tour’ sold more tickets than any artist in live entertainment history. That tour also grossed over $1.3 billion and remains the second highest-grossing tour ever, with 48 more dates scheduled in 2025. We are honored to feature them on the cover of Pollstar‘s Year End Special, the largest issue in Pollstar‘s 42-year history. I am immensely proud of the work our team has put into creating this monumental edition.”

In addition to Taylor Swift’s top position, the Top 10 rankings on 2024’s Top 200 Worldwide Top Touring Artists chart are Coldplay (No. 2), P!NK (No. 3), Luis Miguel (No. 4), Bruce Springsteen & The E Street Band (No. 5), The Rolling Stones (No. 6), Bad Bunny (No. 7), Zach Bryan (No. 8), Metallica (No. 9), and Madonna (No. 10).

The annual Pollstar rankings, which spotlight top-performing tours globally, also revealed 2024 as another banner year for the concert industry worldwide. Total grosses for the Top 100 Worldwide Top Touring Artists were up to a record-breaking $9.5 billion (2023’s total was $9.2 billion).

The Top 10 of the Top 200 North America Top Touring Artists chart are The Rolling Stones (No. 1), Bad Bunny (No. 2), Zach Bryan (No. 3), Luke Combs (No. 4), Luis Miguel (No. 5), Kenny Chesney (No. 6), P!NK (No. 7), Madonna (No. 8), Aventura (No. 9), and Taylor Swift (No. 10).

For charts and in-depth editorial analysis, visit Pollstar‘s Year End editorial hub at www.pollstar.com now. Additional editorial features and industry news will be released online on Dec. 16.

Editorial content for Pollstar‘s Year End Special Issue includes Pollstar‘s industry leading charts along with our data analysis and a deeper look at 2024’s Top Ten Tours. There’s also a 2024 two-part Executive Survey that includes Live Nation’s Leslie Olenik, AEG’s Rich Schaefer, CAA’s Mitch Rose, WME’s James Rubin, Wasserman’s Jackie Nalpant, CLP’s Cara Lewis, PRG’s Randy Hutson, SoFi Stadium’s Jen Sandstrom, and Outback Presents Mike Smardak among many others. Also featured in this issue is a look at The Year In Agencies, Ticketing, Festivals, International, Country, Latin, Comedy, Sustainability, Women, Pipelines to Success, Cancellations and more. This Year End issue is the biggest yet, packed with invaluable insights and a comprehensive review of the year’s most significant developments across the industry.

Pollstar Live!, the world’s premier gathering of live entertainment professionals, returns to the Beverly Hilton in Los Angeles on February 18-20, 2025. With over 30 years of history, this three-day event offers compelling discussions led by industry visionaries, beginning with Production Live! a full day dedicated to those “in the trenches” in live events. Beginning Wednesday, Pollstar Live! takes center stage, delving into the most relevant and informative topics for live entertainment professionals. The conference will focus on artist development, data, research, and the visionary strategies driving the global live entertainment industry to unprecedented heights. A perennial highlight of the conference, the annual Pollstar Awards celebration will commemorate the year’s top achievements. Go to Pollstar.live to register and for the latest announcements about keynote speakers, panelists, session topics, and more.

HUAWEI FreeBuds Pro 4: HUAWEI SOUND Elevating TWS Flagship Experience to New Heights

Eric Alper
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0
HUAWEI FreeBuds Pro 4: HUAWEI SOUND Elevating TWS Flagship Experience to New Heights

Huawei Consumer Business Group (CBG) unveiled its first TWS earbuds under the HUAWEI SOUND brand, the HUAWEI FreeBuds Pro 4, at the HUAWEI Flagship Launch Event in Dubai on December 12.

Drawing inspiration from classical design and Huawei’s dedication to audio innovation, the HUAWEI FreeBuds Pro 4 aims to “Catch the Sound,” delivering lossless, pure, and immersive listening experiences. The earbuds feature powerful hardware including Dual-driver True Sound and proprietary algorithms to ensure stable and clear calls with effective background noise elimination.

HUAWEI FreeBuds Pro 4 incorporates Dual-driver True Sound working with Digital Cross-Over technology to deliver rich, authentic sound experiences. The Dual Independent Sound Output System precisely allocates audio signals to each driver, while the 11mm Quad-Magnet Dynamic Driver Unit ensures stable and accurate real-time audio reproduction. Featuring Polar Code technology and Huawei’s proprietary L2HC 4.0 codec[1], it achieves 2.3Mbps lossless[2] TWS audio transmission, supporting 48kHz/24-bit high-resolution audio. Users can select between professionally tuned EQ modes, including Classic and Balanced, to accurately recreate live music essence.

Equipped with Huawei’s AI noise cancellation algorithm, it eliminates up to 100 dB of external call noise. The quad-microphone system, combined with multi-channel deep neural network (DNN) algorithm, accurately distinguishes human voices from environmental sounds. Whether at concerts, sports events, or cafes, the system intelligently isolates your voice. Head Motion Controls allow call answering and rejection through nodding or head shaking.

Features Shape Memory Foam ear tips, offering 30%[3] improved noise reduction compared to the previous generation. Intelligent Dynamic ANC generates customized noise-cancellation parameters based on real-time environment for a pure immersive listening experience.

Adopts the Spectrum Silver Strings design, available in Black, White, and refreshing Green. Each earbud features a meticulous 6-layer protective lacquer coating, with the golden HUAWEI SOUND emblem emblazoned on its surface, signifying flagship quality.

Sir Rod Stewart Reveals His Model Masterpiece in the U.K.

Eric Alper
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0
Sir Rod Stewart Reveals His Model Masterpiece in the U.K.

Britain’s #1 model railway magazine, Railway Modeller, has announced an exclusive interview with British rock legend Sir Rod Stewart, showcasing his breath-taking HO scale model railway layout. The intricate “Grand Street & Three Rivers Railroad” is inspired by the bustling cityscapes and industrial grandeur of 1940s America, and has taken over three decades for the singer to craft.

Sir Rod’s passion for model railways is brought to life in this expansive, meticulously detailed layout that spans 27 feet by 62 feet. Boasting towering skyscrapers, a 900-foot mainline, bustling docks and intricate urban scenes, it is both a technical marvel and an artistic masterpiece. The January issue provides readers with unparalleled access to the layout’s new home in the UK and a candid interview with the rock icon himself.

Having relocated the layout from his Los Angeles residence to his English country estate, Sir Rod reveals the immense work involved in rebuilding and enhancing the setup: “I’m not happy with the lights – we’ve really got to work on that. “We’re going to add some uplights on some of the buildings and skyscrapers. Then we’re going to have thunder and lightning, everything but rain put in for effects!” he says with excitement. New features include advanced lighting for day-to-night transitions, sound effects, and a computer-controlled automation system for seamless train operations.

Railway Modeller Editor, Craig Tiley, reflects on the layout’s impact: “Sir Rod’s dedication and eye for detail elevate this project beyond a simple hobby. It’s a world-class exhibit, blending artistry and technology.”

Sir Rod’s passion for the craft clearly shines through in every detail. He emphasizes the joy of creating the scenery himself, stating, “Nearly all the buildings are either scratch-built or adapted from kits. Nothing is recognizable—everything is unique.” And the project isn’t complete: extensions to the layout include docks with large-scale ships, mountainous regions, and a dedicated homage to legendary model railway artist George Sellios, plus a significant extension of railway track from the world-leading British manufacturer, PECO.

Sir Rod has also just announced that we he will be performing at Glastonbury 2025 in the Legends slot, and whilst his life as a global music star is hectic, he finds great solace in model-making, spending up to five hours a day in his workshop. He states: “When I walk into my workshop, it’s like entering the gates of heaven.”

His love for the hobby extends beyond personal enjoyment and Sir Rod hopes to inspire future generations of model railway enthusiasts with what he has done, and inspire others to follow in his footsteps: “It’s the greatest hobby in the world,” he declares.

In the January 2025 issue, Railway Modeller celebrates this extraordinary achievement, and its 75th anniversary year of publishing with exclusive photos, behind-the-scenes insights, and a deeper look into Sir Rod’s creative process. The feature offers inspiration for both railway enthusiasts and those who appreciate the power of passion-driven projects. The magazine’s sister publication, Continental Modeller will also feature Sir Rod and his layout, along with other imagery, in its forthcoming January issue on sale from December 17th.

LG Teams Up With Will.i.am to Launch “xboom by Will.i.am”

Eric Alper
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0
LG Teams Up With Will.i.am to Launch “xboom by Will.i.am”

LG Electronics (LG) has announced a partnership with creative artist, multi-platinum musician, and tech entrepreneur, will.i.am, to launch a new line of audio products under the brand “xboom by will.i.am.” The partnership aims to transform xboom into a culture-forward brand with an urban aesthetic, providing an all-new audio experience.

In this partnership, LG has appointed will.i.am as LG xboom’s “Experiential Architect.” He will play a pivotal role in carving out a new space for xboom in the audio industry. Drawing inspiration from his pop culture and technological know-how, will.i.am will provide strategic counsel for LG xboom’s product development, design, and brand marketing. By combining LG’s advanced technologies with will.i.am’s unique insights as a world-renowned music artist and tech entrepreneur, this partnership will infuse LG xboom products with fresh creative aspirations.

“Working with renowned tech and lifestyle innovator, LG, opens the door to groundbreaking and dynamic experiences that speak to a broader community of music enthusiasts,” said will.i.am. “By bringing our cutting-edge technology and distinctive creative visions together with LG xboom, we want to foster an iconic culture where people can explore their passion for music with others on a whole new level.”

The 2025 line of “xboom by will.i.am” products, including Bluetooth speakers and wireless earbuds will be unveiled at CES 2025. The xboom Buds will be the first product available in the market.

All “xboom by will.i.am” products bear the mark of will.i.am, who took part in creating LG xboom’s signature sound that boasts a rich bass with a balanced and warm tones. It comes in two distinct modes for listening: one mode provides stimulating sounds that gets you moving with powerful bass while a second mode offers a soothing sound with harmonious tones. The overarching design for LG xboom aims to elevate music enjoyment. Speakers incorporate clever embellishments such as easy-to-hold straps and colorfully interactive lighting that is in sync with the beat of the music being played. Earbuds are designed ergonomically with ear tips and ear hooks for a comfortable fit that also delivers the best sound experience.

“This launch marks the integration of our wireless earbuds and Bluetooth speakers into one audio brand, LG xboom,” said Lee Jeong-seok, head of LG Media Entertainment Solution Company’s audio business division. “We are thrilled to announce this partnership with will.i.am that will play a critical role in solidifying LG xboom’s new identity.”

All “xboom by will.i.am” products will be integrated with will.i.am’s RAiDiO.FYI, an AI-powered interactive audio experience, to introduce a new generation of listeners to infotainment. RAiDiO.FYI empowers listeners with unique abilities to immerse, personalize, and have a two-way real-time conversation with their favorite topic-based STAiTiONS. This conversational media platform transforms radio as we know it into a new dimension, connecting consumers deeper with the music, talk radio, and cultural content they love.

LG and will.i.am will celebrate this new partnership with product showcases and tech demonstrations at CES 2025 (January 6-10). To know more about “xboom by will.i.am”, please visit http://www.lg.com/global/xboom/xboombywilliam.

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That Eric Alper

Eric Alper is a 6-time nominee for Publicist of the Year during Canadian Music Week and has overseen the publicity campaigns for over 183 JUNO Award-nominated albums (and 16 in 2025), 45 Grammy-nominated albums, including 47 JUNO Award, 58 Canadian Folk Music Award, 126 Maple Blues Award-winning albums and is also truly honoured to work with some of the biggest and most important artists of our time.

Contact me: eric@thatericalper.com

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