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Tech.eu reports ‘Big picture’ and strong funding momentum

Ireland ranked ninth in Europe for health tech investment last year, according to a report from Tech.eu. Tech.eu’s annual report European Tech 2025 – The Big Picture, shows “strong funding momentum, with capital concentrated in large rounds across biotech, medtech, digital health, and AI-enabled healthcare. By country, the UK had the most active market, with [...]

Pulse+it·18h ago

Worker Electrocuted In Scissor Lift Incident

It is understood the 34-year-old was servicing a scissor lift when it made contact with high voltage overhead power lines about 1:50pm.WorkSafe is

Mirage News·2d ago

Bayside Welcomes Blister Pack Recycling

Bayside Council is now accepting blister packs at Recycling Drop Off Events. Residents are encouraged to bring their empty blister packs.No

Mirage News·2d ago

PaRa Music launches AI-powered music company focused on Indian music IP

New Delhi: PaRa Music has announced its launch as an AI-powered music company focused on building and monetising Indian music intellectual property (IP). The company, founded by Rashna Pochkhanawala and backed by a consortium of angel and institutional investors led by Apollo Growth Capital, plans to develop a catalogue of 40,000 songs over the next four years across film and non-film music in Hindi and regional languages. According to the company, its business model combines artist-created music with proprietary AI-led market intelligence to inform decisions related to catalogue development, distribution and monetisation. The launch comes as India’s music industry continues to expand. Citing the FICCI-EY Media and Entertainment Report 2026, the company noted that the Indian music market is projected to reach Rs 7,500 crore by 2028, growing at a compound annual growth rate (CAGR) of 9%. PaRa Music said it sees an opportunity to address gaps in music discovery, particularly in regional and non-film segments. “India has one of the world’s richest and most diverse music ecosystems, yet much of its potential remains untapped. PaRa Music was founded to unlock this opportunity through technology, data, and strategic investment in Music IP. As the global recorded music market moves towards $200 billion by 2035, we believe India is poised to become a major growth engine. Backed by an all-star team of music, technology, content, and business leaders, we are building a next-generation music company with the ambition to become one of India’s most valuable Music IP businesses while ensuring that great Indian music finds its audience,” explained Rashna Pochkhanawala, Founder, PaRa Music. Apollo Growth Capital, which is leading the investment consortium backing the venture, said it views music intellectual property as a growing asset class within the entertainment industry. “We rarely encounter opportunities where a large market, a proven business model, and exceptional leadership converge so clearly. India’s music economy is entering a period of unprecedented growth, and we believe Music IP will be one of the defining asset classes of the next decade. Rashna has already demonstrated her ability to build and scale valuable music businesses, and PaRa Music is uniquely positioned to capture this opportunity at a national scale; with AI driving the growth and the monetisation model, we are excited to unravel the next chapter of India’s music scene. We are proud to partner Rashna’s vision and are committing significant capital behind the company’s growth,” said Johri, Company Spokesperson, Apollo Growth Capital. Central to the company’s strategy is PaRaMeterTM, an in-house AI platform that analyses audience behaviour and demand patterns across platforms and regions. The company said the technology will be used to guide investment and release decisions rather than create music itself. PaRa Music said it is also exploring partnerships with central and state governments on music-related cultural and creative initiatives. The company enters a market where music rights and catalogues are increasingly attracting investor interest as long-term assets, both in India and globally.

Bmi·2d ago

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Global Live Music Market to Reach USD 62.59 Billion by 2034 at 8.78% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)

[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Live Music Market size & share revenue was valued at approximately USD 34.84 Billion in 2024 and is expected to reach USD 38.58 Billion in 2025 and is expected to reach around USD 62.59 Billion by 2034, at a CAGR of 8.78% between 2025 and 2034. The key market players listed in the report with their sales, revenues and strategies are Access Destination Services LLC, Anschutz Entertainment Group, Basset Events Inc., BCD Group, Colin Cowie Lifestyle, Carlson Inc., Eventbrite Inc., Insomniac Holdings LLC, Outback Presents LLC, Rafanelli Events, Live Nation and others. [220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Live Music Market size & share revenue was valued at approximately USD 34.84 Billion in 2024 and is expected to reach USD 38.58 Billion in 2025 and is expected to reach around USD 62.59 Billion by 2034, at a CAGR of 8.78% between 2025 and 2034. The key market players listed in the report with their sales, revenues and strategies are Access Destination Services LLC, Anschutz Entertainment Group, Basset Events Inc., BCD Group, Colin Cowie Lifestyle, Carlson Inc., Eventbrite Inc., Insomniac Holdings LLC, Outback Presents LLC, Rafanelli Events, Live Nation and others.

Globe Newswire·2d ago