The Kingdom’s sovereign wealth fund took a 5.7% stake in the concert promoter in April 2020.
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Utilized by musicians, athletes and celebrities for landing pages, KOMI says the money will go to rolling out e-commerce and marketing analytics tools.
Oseary and Ashton Kutcher's VC fund raised nearly $250 million to invest in AI growth companies.
The 17-month-old music company has also invested in Mick Management, Ashley Gorley's Tape Room, One Two Many Music and Defected Records.
Citrin Cooperman partner Nari Matsuura oversaw roughly 750 catalog valuations worth more than $15.5 billion between 2021 and 2022.
The investment firm known for its stakes in Taylor Swift's, Dr. Dre's catalogs now has $4.4 billion in assets under management.
The parent of Starship Entertainment, which includes Monsta X and other K-pop acts, says the investment will help "spearhead growth in K-culture worldwide."
New venture will allow investors to buy fractional shares in iconic artists' song rights.
