RG Ingersoll's Hotrax Music Tips for April 24 2023 - ‘Sunflower’ Songwriter Louis Bell Breaks RIAA Record for Most Diamond-Certified Singles

 

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The Daily Snapshot. April 24th, 2023 Your Source for the Latest Music Industry News and Developments

Snapshot Sponsors                 Web3 Funding Is Cratering, Data Shows — Potentially Spelling Trouble for Numerous Music Startups Following 2022’s “crypto winter” and the collapse of FTX, Web3 funding reportedly cratered by 82 percent year over year during the opening quarter of 2023, and the downturn could potentially be impacting all manner of music plays.   The Story Continues Here. Sponsor   Assistive vs. Generative AI: What’s the Difference and What Are the Copyright Implications? The music industry, understandably, is deeply concerned about AI’s impact on creativity — and the jobs and companies that could be eliminated in the process. But take a closer look, and the AI picture is far more complicated, with different use cases, applications, and approaches that could prove beneficial to the business. As the discussions ensue, two very distinct types of AI music creation are coming into focus: Assistive AI and Generative AI. The Story Continues Here.   ‘Sunflower’ Songwriter Louis Bell Breaks RIAA Record for Most Diamond-Certified Singles Songwriter Louis Bell breaks the RIAA record for most Diamond-certified singles with eight — after breaking the record for the most Platinum-certified song in history with Post Malone’s ‘Sunflower.’ The Story Continues Here.   Independents Command a Combined 27.1% Share of the Global Publishing Market, Report Shows — More Than Sony Music Publishing Independent companies now command a combined 27.1 percent share of the global publishing market – or a larger piece of the pie than Sony Music Publishing, according to a new report. The Story Continues Here.   Twitter Brings Back Blue Checks for Accounts Over 1M+ Followers — Whether They’ve Paid Or Not Elon Musk told Twitter users he would remove the old legacy verificed Blue Checks on April 20. Chaos ensued.  The Story Continues Here.   45 Independent Agents & Managers Recommend Urgent Changes to ‘Broken Ticket-Buying Experience’ The National Independent Talent Organization (NITO) has released urgent concert ticketing changes needed to reform how tickets are sold. The Story Continues Here.     Mandolin Abruptly Shuts Down After Burning Through $17 Million in 3 Years Livestreaming concert platform Mandolin shuts down after burning through $17 million in just under three years. The Story Continues Here.   The Weeknd Says Coachella On-Stage Pyrotechnics ‘Almost Cooked Me’ The Weeknd says Coachella’s on-stage pyrotechnics ‘almost cooked me’ in response to a fan video capturing the close call. The Story Continues Here.   GM Shifts EV Infotainment Plans Away From Apple CarPlay as Soon as 2024 The era of interoperability in cars may be coming to a close. A new report suggests General Motors is shifting away from supporting CarPlay and Android Auto to focus more on its built-in infotainment systems in future electric vehicles. The Story Continues Here.   GloRilla Faces Massive Copyright Infringement Lawsuit Over ‘Tomorrow’ 23-year-old rising star GloRilla faces a copyright infringement lawsuit over ‘Tomorrow’ and the hit remix ‘Tomorrow 2.’ The Story Continues Here.   Anitta Reportedly Signs with Republic/UMG After Acrimonious WMG Split Two weeks after an acrimonious split from WMG, Brazilian singer Anitta has signed with UMG’s Republic Records. The Story Continues Here.       Coachella Officially Taps Skrillex, Fred Again, and Four Tet As Frank Ocean Replacements Skrillex, Fred Again, and Four Tet are officially poised to close out Coachella 2023 after Frank Ocean exited the Indio festival earlier this week. The Story Continues Here.   Most Read: More AI Drake Tracks Are Popping Up on YouTube — ‘Soon New Drake Songs Will Be Dropping Every Hour of the Day!’ Following the rise of “Heart on My Sleeve,” the AI floodgates appear to have swung open, as all manner of Drake tracks – or artificial intelligence songs made to sound like Drake tracks, that is – are now making their way onto YouTube. The Story Continues Here. Jobs The latest positions and posts! Check out the full list here, and email noah@digitalmusicnews.com for details on how to post. VerseOne Distribution  Publishing & Sync Coordinator Location:  Remote Warner Music Nashville Streaming Manager Location:  Nashville, TN (Hybrid)

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