{"id":11337,"date":"2016-10-07T10:00:42","date_gmt":"2016-10-07T10:00:42","guid":{"rendered":"http:\/\/routenote.com\/blog\/?p=11337"},"modified":"2016-10-07T10:23:03","modified_gmt":"2016-10-07T10:23:03","slug":"techstars-music-startup-accelerator-gets-backing-from-sony-warner-and-sonos","status":"publish","type":"post","link":"https:\/\/routenote.com\/blog\/techstars-music-startup-accelerator-gets-backing-from-sony-warner-and-sonos\/","title":{"rendered":"Techstars music startup accelerator gets backing from Sony, Warner and Sonos"},"content":{"rendered":"<h4>Techstar have launched a music accelerator to help startups build their business and now have support from 2 of the world&#8217;s major record labels.<\/h4>\n<p>There are a selection of initiatives to help get new music companies of the ground like the legendary <a href=\"http:\/\/www.abbeyroad.com\/abbeyroadred?AspxAutoDetectCookieSupport=1\">Abbey Road Studios&#8217; Red<\/a> project. Techstar, a company built around helping startups go further, have launched Techstars Music to invest \u00a3120,000 in 10 music-based startups.<\/p>\n<p>Techstars Music is a 3 month accelerator based in Los Angeles. Since launching recently it has gained support from a whole host of major names from the music industry, including; labels Sony and Warner, Sonos, Harmonix, and management firms Q Prime, BSE and SAM.<\/p>\n<p>Techstars Music will be overseen by former executive for music at Twitter Bob Moczydlowsky, who tweeted: &#8220;Our goal is to grow the music startup ecosystem &#8211; across all categories. We have a broad definition of what makes a music company.&#8221;<\/p>\n<p><iframe loading=\"lazy\" title=\"How Techstars Works\" width=\"720\" height=\"405\" src=\"https:\/\/www.youtube.com\/embed\/D_tGXzA_ejg?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<p>The 10 startups chosen to receive support from Techstars Music $100,000 in convertible note and $20,000 as well as mentoring from executives at the companies in support of the project. In return Techstars Music receive 6% of the startup&#8217;s common stock. It&#8217;s a smart initiative as it gives new companies a step up to achieve their dreams whilst also providing investment opportunities to the benefactors.<\/p>\n<p>The startups that Techstars Music are on the hunt for will be working on:<\/p>\n<ol>\n<li><strong>New Music Experiences\u00a0<\/strong>&#8211; Are you reinventing music at home, in a car, in the club, or at a festival?<\/li>\n<li><strong>Creation &amp; Collaboration\u00a0<\/strong>&#8211; Can you improve how we create and share music &amp; video content?<\/li>\n<li><strong>Marketing &amp; e-Commerce\u00a0<\/strong>&#8211; Do you help artists connect directly with fans for marketing &amp; commerce?<\/li>\n<li><strong>Content Infrastructure\u00a0<\/strong>&#8211; Will you improve how we render and deliver music &amp; video content to fans?<\/li>\n<li><strong>Rights &amp; Royalties\u00a0<\/strong>&#8211; Are you working to modernize royalties, rights and licensing?<\/li>\n<li><strong>Data, Machine Learning &amp; AI\u00a0<\/strong>&#8211; What can you build with mountains of user data?<\/li>\n<li><strong>Artist Discovery &amp; Curation\u00a0<\/strong>&#8211; Can you find &amp; create opportunity for the right artist at the right time?<\/li>\n<li><strong>Music Education\u00a0<\/strong>&#8211; Are you helping a generation of digital natives learn to love and play music?<\/li>\n<li><strong>Social Platforms &amp; Games\u00a0<\/strong>&#8211; How will artistic careers (and fan affinities) get built in modern ways?<\/li>\n<\/ol>\n<p>The total benefits received for the chosen startup companies are:<\/p>\n<ul>\n<li>$100,000 convertible note and $20,000<\/li>\n<li>Access to Techstars resources for life<\/li>\n<li>Acceleration in the Techstars Music program with intense, hands-on mentorship from artists, executives from Techstars Music Member Companies and the broad music business<\/li>\n<li>Connections to the Techstars Network of over 5,000 founders, alumni and mentors<\/li>\n<li>400 perks worth over $1,000,000<\/li>\n<li>Office space in Los Angeles for the duration of the program<\/li>\n<li>Demo Day and other investor connections<\/li>\n<li>Equity Back Guarantee, the only one of its kind in the industry<\/li>\n<\/ul>\n<h4>If you have a startup or an idea for one you can find out more and apply for Techstars Music accelerator until December 11th from here:\u00a0<a href=\"http:\/\/techstarsmusic.com\/\">techstarsmusic.com<\/a><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>Techstar have launched a music accelerator to help startups build their business and now have support from 2 of the world&#8217;s major record labels. There are a selection of initiatives to help get new music companies of the ground like the legendary Abbey Road Studios&#8217; Red project. Techstar, a company built around helping startups go further, have launched Techstars Music to invest \u00a3120,000 in 10 music-based startups. Techstars Music is a 3 month accelerator based in Los Angeles. Since launching recently it has gained support from a whole host of major names from the music industry, including; labels Sony and&#8230;<\/p>\n","protected":false},"author":12,"featured_media":11338,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[13],"tags":[7611,2509,6153,252,1496,28,7610,6396,7609,7608],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.4.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Techstars music startup accelerator gets backing from Sony, Warner and Sonos - RouteNote Blog<\/title>\n<meta name=\"description\" content=\"Techstar have launched a music accelerator to help startups build their business and now have support from 2 of the world&#039;s major record labels.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/routenote.com\/blog\/techstars-music-startup-accelerator-gets-backing-from-sony-warner-and-sonos\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Techstars music startup accelerator gets backing from Sony, Warner and Sonos - 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