Warner Music isn’t the only major label investing money in music tech. Universal Music Investments has made 31 investments to date in companies like Pex, Roli, VerveandDoppler Labs, its Abbey Road Red serves as an incubator for a number of companies in its 6 month program, and Capitol Records has also launched a new Innovation Center incubator program as well.
Source: Warner Music Group Launches WMG Boost To Invest In Music Tech Startups