WMG LAUNCHES FUND FOR START-UPS
Warner Music Group has created a seed-stage investment fund aimed at supporting entrepreneurial growth and innovative thinking in the music industry. WMG will use the multimillion-dollar fund to invest in early-stage businesses within and adjacent to the recorded music business.
Called WMG Boost, it will cover the ways technology intersects with the music industry, both across recorded music and publishing. They’ll be looking at AI, blockchain, virtual reality, mobile gaming and other areas.
“WMG Boost is all about nurturing the diversity of ideas within the music ecosystem, especially at this meeting point between music and tech,” said Ole Obermann, Chief Digital Officer, Warner Music Group. “This fund enables us to support thoughtful entrepreneurs, learn more about emerging business models, and invest in the creation of more opportunities for artists.”
We also have a seed-stage fund here at the office but it only leads to plants and buds.
VMAs BEAMING BACK
TO THE BIG APPLE Getting back to where they once belonged (4/24a)
THE COUNT: ALL THE DESERT'S A STAGE
Jon Wayne is rolling over in his grave. (4/24a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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A CHORUS OF PRAISE: IVORS 2024 NOMS
