The sound of money! Coldplay, Diljit Dosanjh concerts throw spotlight on 3 stocks
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India’s live events industry is on a rapid growth trajectory, now valued at Rs 88 lakh crore and poised to grow at an 18% CAGR through 2026. Companies like TIPS Music, Saregama India, and Zomato are capitalizing on this surge, with high-profile events featuring artists like Coldplay and Diljit Dosanjh fuelling this boom, as ticket prices for these events skyrocket up to Rs 1 lakh. The live music and concert market in India has transitioned from a niche sector to a mainstream phenomenon, thanks to a growing appetite for both international and homegrown talent, increasing disposable incomes, a growing Gen Z audience, and collaborations between event organizers and digital platforms. TIPS Music TIPS Music, one of India’s leading music labels, is capitalizing on this growth by leveraging its vast music catalog and expanding its presence across digital and live event platforms. The company’s strong foothold in digital music streaming, particul...