RG Ingersoll's Hotrax Tips for May 17, 2023 - Thinking of Licensing Your Voice for AI? — Don’t End Up Like Ariel

 

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The Daily Snapshot. May 17th, 2023 Your Source for the Latest Music Industry News and Developments

Snapshot Sponsors                       Discovering Artists Through Trends with Viberate’s Emerging Artist Chart Data monitoring is changing the way A&Rs discover and monitor emerging talent. Music data analytics platform Viberate is helping facilitate emerging artist discovery with useful tools like its Artist Chart. Let’s take a peek. The Story Continues Here. Sponsor   Thinking of Licensing Your Voice for AI? — Don’t End Up Like Ariel Before you decide to license your voice to an artificial intelligence (AI) tech company, there are many important considerations. Especially given that AI voice tech is rapidly evolving over days rather than years. Singer Holly Herndon warns artists not to end up like Ariel—losing control of their unique voice.  The Story Continues Here.   NFT Music Investment Startup anotherblock Announces $4.4 Million Raise: ‘Enabling Greater Rights Flexibility Is the Future of the Music Industry’ Notwithstanding the Web3 space’s well-documented funding falloff, music non-fungible token (NFT) startup anotherblock has announced the close of a €4 million ($4.35 million at the present exchange rate) seed round. The Story Continues Here.   Spotify Is Sub-Leasing Multiple Floors at Its Pricey Manhattan Offices Spotify is looking to sublease five floors of its offices at Manhattan’s 4 World Trade Center, planning to vacate them by the end of the year. The Story Continues Here.   Tencent Music Q1 2023 Revenue Tops $1 Billion As Paid Streaming Users Approach 100 Million, Report Shows Despite facing heightened domestic competition, Tencent Music posted over $1 billion in revenue for Q1 2023, when the Shenzhen-headquartered company is said to have achieved more than 30% year-over-year (YoY) subscription-income growth across its streaming services. The Story Continues Here.   SM Entertainment Stock Jumps As Execs Reveal Solid Q1 Earnings and Plans for a Major North American Acquisition Having put a much-publicized ownership battle with Hybe (mostly) in the rearview, K-pop agency SM Entertainment has revealed that it achieved a double-digit year-over-year (YoY) revenue improvement during 2023’s opening quarter. The Story Continues Here.     Apple Launches New Concert Discovery Features on Apple Maps and Apple Music Apple launches new concert discovery features on Apple Maps and Apple Music with live show curation, browsing venues’ upcoming shows, and more. The Story Continues Here.   Reservoir Inks Publishing Deal with Writer/Rapper Armani White — The Viral “Billie Eilish” Rapper Reservoir has announced a new publishing deal with viral rap sensation Armani White. The Story Continues Here.   TikTok Flexes Starmaking Capabilities with #Rock, ‘Central Pit for Heavy Music Fans’ TikTok has launched the #Rock hashtag as a new hub for heavy music fans to discover new music they love. The Story Continues Here.   Spotify Adds 11 New Languages to Mobile App — Now 74 Total Spotify is bringing support for 11 new languages to its mobile app—bringing the total count up to 74. The Story Continues Here.   Bumbershoot Announces Daily 2023 Lineup Sleater-Kinney, Sunny Day Real Estate, ZHU, and more headline Seattle’s Bumbershoot Festival — Today, the festival announces its 50th-anniversary celebration lineup, revealing new musical acts slated to perform and more. The Story Continues Here.    \   Most Read: Shockingly, Apple Music Has Never Had a Song Cross One Billion Plays — How Many Users Does This Spotify Competitor Actually Have? Apple Music has never had a song rack up one billion or more plays, according to newly disclosed data – a stark contrast to Spotify and its quick-growing “billion club.” 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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