Trapital's Dan Runcie looks for reasons for the Astroworld Fest tragedy which left eight people dead, and many injured:

• "More police officers and security guards were needed in the crowd and at the front of the stage
• Crowds could have been grouped into areas to better manage spacing
• Astroworld had two stages. One where eight artists performed in succession, and the other where Travis Scott performed at the end. Travis’ super fans posted up at his stage up to eight hours before his 8:45pm start time
• The last set before Travis ended 45 minutes before Travis started, which created a huge rush of people
• Astroworld failed to 'spread the field' by having multiple headliners at the same time"

Runcie also has a few predictions: "In the future, we’ll likely see better-positioned security, medical staff, and police officers, and more care put into logistics and spacing. That will translate to higher costs, higher insurance premiums for future events, and higher ticket prices for consumers".

"Last week, Genius was sold for $80 million in a fire sale to MediaLab.AI, which is less than it raised! It's a disappointing exit for a company once valued near $1 billion, but it's a reminder of the importance of platform dependency" - Trapital's Dan Runcie looks back on the business model of the lyrics site, and gives reasons why it didn't work out.

The strategies of the Big Three record labels - Universal Music Group (UMG), Warner Music Group (WMG), and Sony Music Entertainment (SME) - dictate the future, even for companies outside of the major label system. They are investing billions of dollars to keep your attention for as long as possible. Their moves signal the best opportunities, and the areas getting slept on - Trapital's Dan Runcie goes behind the moves of the labels which hold 69% of the recorded music revenue.