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Fortune

Diane Brady

What Taylor Swift taught RBC CEO Dave McKay

Dave McKay Taylor Swift RBC Fortune Diane Brady Entertainment Joe Tsai

(Credit: Scott A Garfitt/Invision)

In today’s CEO Daily: Diane Brady on the $200 billion opportunity in music.
The big story: Trump thinks he is close to ending the war in Gaza while U.S. government shutdown looms.
The markets: Mostly up.
Plus: All the news and watercooler chat from Fortune.

Good morning. My favorite event of this event-filled week was watching Iggy Pop, Jack White, and Johnny Marr perform at the CBGB Festival on Saturday. Held under the Brooklyn Queens Expressway in New York, the crowd featured punks old enough to be grandparents and fans who weren’t even born when the bands they came to see first sang their hits. Goldman Sachs estimates that global music revenue will double to $200 billion over the next decade, with live music doubling to more than $67 billion. And that’s just a subset of live entertainment space.

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