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Artificial intelligence. The term has been thrown around for decades, but it’s only in recent years that the idea of artificial intelligence has really started to hold some weight in the world we live in. To many, the idea of AI is still so heavily linked to the science fiction that surrounds it that hearing of the recent advancements in the technology can feel like the end is coming, but we’re here to tell you not to worry (we’re still a few years off skynet or replicants, we promise) and how you can utilise these new and exciting tools to help your independent label excel in the ever changing world of music business.

SoundExchange, the music rights management giant, has added PayPal and Venmo as royalty distribution payment options for creators globally alongside CashApp and Zelle.

Comedian Sarah Silverman is the lead plaintiff in a new lawsuit against OpenAI, creators of Chat GPT, that alleges the company’s AI technology violated copyright laws by training itself on Silverman’s book “The Bedwetter.”

Meta’s Twitter-esque Threads app has surpassed 100 million users in its first five days of release. The Zuckerbergian app was released on Thursday morning to generally good reviews, and has taken giant leaps forward since, the likes of which has never been seen before within the industry.

Premium subscription service TikTok Music has launched in Indonesia and Brazil. The new social music streaming service will “harness the power of music discovery on TikTok, helping users to enjoy their favourite viral tracks”, according to their announcement. 

Meta’s answer to Twitter, Threads, launched early this morning. It gained a user base of 10 million in around 7 hours with that number set to grow exponentially as time rolls on.

New data covering US-paid subscriber for Spotify, Apple Music, Amazon Music, YouTube and Pandora has been released, courtesy of National Music Publishers Association boss David Israelite.

The UK music industry has once again experienced a remarkable surge in 2023, with double-digit growth propelling the half-year total for streaming equivalent albums (SEA) to an impressive 79,241,502—an 11.3% year-on-year increase. 

Tomorrow will see the release of Meta and Instagrams answer to Twitter, Threads. A clear power grab following growing numbers of disgruntled Twitter users since Elon Musks $43 billion takeover and subsequent software changes.

Tidal has announced they will be joining Apple Music, Amazon Music, Deezer, and other music streaming services in raising its monthly subscription from £9.99 to £10.99 from August 1st.