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Capital Music Group Launches Music, Technology Innovation Center

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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. The center will open its doors on April 15th, hosting a set of teams that were picked at the SXSW Music Hackathon.

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Jaunt, USC Link On Virtual Reality Lab

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Virtual reality hardware and software developer Jaunt --which is backed by The Walt Disney Company, Evolution Media Partners, China Media Capital, Highland Capital Partners, Google Ventures, Redpoint Ventures, Axel Springer, ProSiebenSat.1

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