This month, Techstars, one of the most prominent startup accelerators globally, announced that they’re launching a program specifically for music startups. Their program will admit 10 music startups that will receive $120k investment each and office space in Los Angeles. The program is funded by companies like Sony, Warner, Sonos, and Harmonix, and is run by Bob Moczydlowsky, the former Head of Music at Twitter.
Moczydlowsky wants to invest in startups that are solving original problems, such as “audio in the virtual-reality space, music in the gaming industry, and social music sharing, all of which are areas currently being ignored by most major music companies.”
Source: Projecting Trends: Accelerating the Future of Music
The music industry is getting its own version of a tech-world rite of passage: a three-month “accelerator” program for music startups trying to get off the ground.
Techstars, a 10-year-old Boulder, Colo., company that runs business accelerators across the country with specialties from health care to retail, is starting to accept applications this week for its first music-industry focused program, launching in February.
Source: Techstars to Launch Accelerator for Music-Industry Tech Startups – WSJ
The EY Startup Challenge is returning with a focus on building Blockchain solutions for two key industry challenges, digital rights management and energy trading. The EY Startup Challenge is a mentorship-driven programme designed to unlock new solutions, helping accelerate the product and business development of disruptive technology startups.
Today’s media world is characterized by more content, in more formats, being consumed on an ever-changing mix of platforms. Media companies are looking to improve their investments in content, make better use of their current assets and better assess risks.
Source: EY Startup Challenge To Focus on Building Blockchain Solutions – Blockchain News
It’s hard to make any money at all on the web. But if you do make money, we can help you make sure you get your hands on it.
That’s the pitch from Stem, a startup that promises to help content-makers collect money they’re owed when their songs and videos are played online.
The Los Angeles-based company, which started last year, has raised $4.5 million in a round led by Upfront Ventures, along with backing from angels including Mark Cuban, Vayner Capital and Justin Bieber manager Scooter Braun.