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Warner Music Group Announces Seed Fund to Invest in Start-Ups

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  • October 05, 2018
    Warner Music Group Announces Seed Fund to Invest in Start-Ups

     

    WMG Boost to Foster Entrepreneurial Growth & Innovation in Music

     

    Warner Music Group (WMG) today announced WMG Boost, a seed-stage investment fund aimed at supporting entrepreneurial growth and innovative thinking in the music industry. The multimillion-dollar fund will invest in early-stage businesses within and adjacent to the recorded music business. Start-ups can learn more about the fund and submit business plans for consideration here.

     

    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.” 

     

    From AI, to blockchain, virtual reality, mobile gaming, voice, and more, WMG Boost will cover the full spectrum of ways that technology intersects with the music industry, both across recorded music and publishing. In addition to seed funding, portfolio companies will have access to WMG’s unique music industry expertise as they develop their products.

     

    Warner Music Group has a track record of investing in pioneering start-ups, including Landr and Pexeso and is a founding member of Techstars Music.

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on October 5, 2018 - 1:01pm

 

WMG Boost to Foster Entrepreneurial Growth & Innovation in Music

 

Warner Music Group (WMG) today announced WMG Boost, a seed-stage investment fund aimed at supporting entrepreneurial growth and innovative thinking in the music industry. The multimillion-dollar fund will invest in early-stage businesses within and adjacent to the recorded music business. Start-ups can learn more about the fund and submit business plans for consideration here.

 

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.” 

 

From AI, to blockchain, virtual reality, mobile gaming, voice, and more, WMG Boost will cover the full spectrum of ways that technology intersects with the music industry, both across recorded music and publishing. In addition to seed funding, portfolio companies will have access to WMG’s unique music industry expertise as they develop their products.

 

Warner Music Group has a track record of investing in pioneering start-ups, including Landr and Pexeso and is a founding member of Techstars Music.