Tunezy, Inc., a Toronto, Ontario, Canada-based startup company featuring an innovative social platform for the recorded music industry, has received an investment of undisclosed amount from Intertainment Media Inc. (TSXV:INT / OTCQX:ITMTF / FRA”I4T).
Intertainment Media, which has acquired a 20% stake in the company, is also providing Tunezy with resources such as office space, operational support and direct access to its executive team for mentorship and guidance on direction, strategies and commercialization.
Led by CEO Derrick Fung, Tunezy is a direct musician-to-fan “social record label” where individuals can closely follow and help promote their favorite independent musicians. Set to launch the private beta this summer, the site will provide a social platform where emerging musicians can grow their careers.
FinSMEs
10/04/2012