Additional investors include Bill Silva Entertainment, Guy Lawrence of Disclosure, Mt. Joy, TAG Music and Foundations Artist Management.
From his early venture capital work as part of Linkin Park to more recently advising Warner Recorded Music, he has become a trusted voice on innovation.
The major labels, angel investors, venture capital execs and more that are putting their money behind the innovative ideas that could move the music industry forward.
Deal includes rights to Perry's five chart-topping songs on 2010’s "Teenage Dream," plus songs from four other albums released between 2008-2020.
The company behind Billboard Arabia, SRMG says its investment will bolster Anghami's moves into podcasts and other areas.
A new wave of publishing rights to classic song catalogs may open up to investors thanks to U.S. copyright law, but master recordings are another story.
"I think there's an opportunity to pay music a lot more for what it's worth," says co-founder and CEO David Greenstein.
Neko Health, the company behind a 10-minute preventative health scan, is among the "moonshot projects" that have garnered Ek's support.
Also this week: Sony Music Masterworks invests in live events producer Proactiv, music collaboration platform boombox.io raises funds and more.
Detroit techno legend Kevin Saunderson and Russian DJ-producer ARTY are among the fund's first catalog acquisitions.
