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SPACE IS THE PLACE

Scooter Braun’s Ithaca Holdings, Zach Katz, Ripple’s Xpring and tech and music entrepreneur Shara Senderoff have created an investment group to create solutions for the music industry and, via a community of experienced music and tech leaders, focus on raising the value of music.

Raised In Space Enterprises will forge collaborations between music and technology with investments ranging from $500k to $5m. Raised In Space will leverage its partnership with  Xpring to integrate blockchain and the digital asset XRP where it can most powerfully benefit and have an impact on the music industry.

“The relationship between music and tech has massive untapped potential,” said Braun. “I’m excited to launch a company focused on bridging these two industries in a transformative and actionable manner that raises the value of music.”

Katz, most recently President of BMG, is CEO and Partner. “Writing the check is easy,:” he says. “Hands-on guidance, time, and strategy is the real investment. There has to be consistent collaboration and conversation—we get into the bones of these companies to help them see and reach their highest potential.

"We will unify the most forward-thinking leaders (the outliers, the out of this world thinkers who feel like they were raised in space) in both music and tech to foster community and ideas that will ultimately catapult the music industry into the future. And in keeping with our venture's name, I intend to be the first Jew on Mars.”

The headquarters of Raised In Space are in Santa Monica.

THE BIZ SALUTES
JOE SMITH
Celebrating the life of the Toastmaster General (12/5a)
REVENUE CHART:
MALONE IS MONEY
Yet another post about Post (12/5a)
YOUR TOP 20 IS BOTH ICY AND POST-TOASTY
Actually, we'd prefer a bowl of oatmeal. (12/5a)
THE HAPPY WARRIOR OF THE RECORD BUSINESS
What a great guy (12/5a)
GRAMMY CHEW: WHO ARE THESE PEOPLE, ANYWAY?
Those who fail to learn from the past are destined to repeat it. (12/5a)
EGGNOG!
Ours is mostly bourbon.
MISTLETOE!
Delicious in salads.
CHESTNUTS!
Ours are roasting, but it could be these slim-fit jeans.
WEED!
An entire Christmas tree made of it. Is what we want for Christmas.
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