Wednesday, April 11, 2018

Capital Music Group Launches Music, Technology Innovation Center

Capital Music Group (CMG), which is a division of Universal Music Group (UMG), announced on Tuesday that it is launching a new "innovation center", which will be based in the music company's iconic tower in Hollywood. According to CMG, the new Capital Innovation Center (CIC) will provide space and conduct event programming, focused on briding the gap between content creators and the tech community. CMG said the intent of the center is to "help drive the future of innovation in music". The center will open its doors on April 15th, hosting a set of teams that were picked at the SXSW Music Hackathon. CMG said the center will also host a series of events from speakers; a hackathon in June for software developers, acclaimed producers, songwriters, and influencers; and A Women's Immersive Recording Arts Summit. Capitol Music Group (CMG)'s brands include Capitol Records, Virgin Records, Motown Records, Blue Note Records, Astralwerks, Harvest Records, Capitol Christian Music Group, Priority Records, plus Capitol Studios and an independent label services and distribution division, Caroline.

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