HITCO Entertainment acquires stake in ‘revolutionary’ fan-funding platform Corite

Fan funding platform, Corite – co-founded by Universal Music Sweden alumni Mattias Tengblad (CEO) and Emil Angervall (COO) – has inked a partnership with L.A-based HITCO Entertainment. HITCO, run by L.A Reid and Charles Goldstuck, has acquired a minority stake in Corite and will help the company launch in the US.

Source: HITCO Entertainment acquires stake in – and partners with – ‘revolutionary’ fan-funding platform Corite

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