'Raised In Space Enterprises' Debuts To Spur Innovation In Music Business

Launches

ITHACA HOLDINGS Founder SCOOTER BRAUN and former BMG Pres. ZACH KATZ have launched RAISED IN SPACE ENTERPRISES, an investment group that aims to create innovative solutions for the music industry that raise the value of music. KATZ will serve as CEO; BRAUN and KATZ will be joined by tech and music entrepreneur, SHARA SENDEROFF. 

RAISED IN SPACE will forge proactive collaboration between music and technology with investments ranging from $500,000 to $5 million, leveraging its partnership with RIPPLE’S XPRING to integrate blockchain and the digital asset XRP. his venture will identify, invest in and provide unparalleled hands-on guidance to revolutionary companies. 

“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.”

“Writing the check is easy. Hands-on guidance, time, and strategy is the real investment,” KATZ said. “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.”

“We’re excited about blockchain’s potential to solve problems in the entertainment space - from new ways to monetize creative content to innovative fan engagement models that were not previously possible," RIPPLE’S XPRING SVP ETHAN BEARD said. "Xpring is about empowering the best entrepreneurs to apply technologies like the XRP Ledger in new and novel ways. RAISED IN SPACE is an extension of that effort, and we couldn’t ask for better partners than ZACH, SCOOTER and SHARA. Forming the company is an important first step, now we’re excited to see how the entrepreneurs they back will build new solutions that can reshape the music industry.”
  
For more information on RAISED IN SPACE, visit RaisedInSpace.com and follow on TWITTER and INSTAGRAM: @RaisedInSpace 

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