Press Clipping
10/20/2023
Article
FROM AI TO VR, THESE ARE MUSIC’S TOP INVESTORS IN TECH OF THE FUTURE
In the last four years, WMG has invested in gaming platform Roblox, digital fashion retailer DRESSX and music generator Lifescore, which is powered by artificial intelligence (AI). Sony Music Entertainment has backed another music creation (and collaboration) platform, Tully; social platform Fave; and Techstars Music, an accelerator program that provided funding and mentorship to promising music technology startups. (It was quietly shuttered after this summer’s class, according to managing director Bob Moczydlowsky.)
