CBX Daily 10/24/2025

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October 24, 2025

Today, Spotify Revenue Jumps 17% as Multicultural Music Powers Growth… but first, let’s rewind to how America’s Nostalgia Economy is cashing in on yesterday’s vibes.

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America’s Nostalgia Economy Powers a New Sales Surge

CBX Vibe

From classic rock vinyl to anime-inspired video games, collectibles are enjoying a resurgence. Fueled by fandom, nostalgia, and even social media buzz, buyers are seeking out physical media and memorabilia and increasingly finding them on digital marketplaces. Analysts estimate the global collectibles market has topped $496 billion in 2025, driven by cross-generational appeal, scarcity, and the thrill of the hunt.

Spotify Revenue Jumps 17% as Multicultural Music Powers Growth

Spotify’s (SPOT -2.04%) most valuable currency isn’t just streams, it’s sound that resonates across cultures. Even though the world’s largest audio platform music fell short of Wall Street’s revenue expectations last quarter, it still boasts with 266 million premium subscribers and a clear trend: Black and Latino creators are shaping what and who the world listens to.

The New Wall Street: Why Minority Deposit Institutions Matter For Racial Equity

Black people looking to invest should have confidence and trust in our communities’ financial institutions to do right by us with business loans, investment opportunities and a willingness to evolve. Specifically, Minority Deposit Institutions (MDI) are federally insured depository institutions or banks with at least 51% of the voting stocks owned by the minority group they serve, including representation on the board of directors. These financial organisations that are providing business loans to Black entrepreneurs have connected the dots and know exactly how to play the game to start closing the racial investing gap.

Barbers to Blockchain: The Barbershop’s Role In The Digital Wealth Movement

In communities of color nationwide, barbershops have always been cultural cornerstones, the spot to connect, catch up, and build trust. Now, they’re doubling as fintech frontiers, teaching crypto, offering mobile payment services, and even minting NFTs. These legacy businesses are converting cultural capital into digital wealth, proving that heritage and innovation can thrive together.

Canal+ Extends African Reach and Bails Out a Sinking MultiChoice

South Africa’s largest pay-tv provider, MultiChoice, is now officially part of the French media giant Canal+. The acquisition signals a major consolidation in Africa’s media landscape, where digital entertainment is becoming one of the fastest-growing industries. While Canal+ gains a bigger foothold in Africa, MultiChoice has been losing ground, especially in markets like South Africa, where 1.2 million of its subscribers have left. Ultimately, this move could reshape the way millions across the continent consume content.

Keep your week cruising on a higher note with “Sarvior” Destiny’s Child — the perfect balance of reflection and flex in this week’s CBX Vibes.