Last Tuesday, Zach Katz, BMG’s former President, confirmed the launch of a new joint venture group. In partnership with Scooter Braun’s Ithaca Holdings and Ripple, Katz launched Raised In Space. The music industry and tech investment group aims to enable better collaboration between music and technology. Ripple’s Xpring will work closely with Raised In Space to integrate blockchain and the digital asset XRP to benefit the music industry.
Source: Scooter Braun’s Ithaca Holdings Acquires Atlas Music Publishing