As technology changes media, media starts looking like technology. Silicon Valley has always been fueled by venture capital; now Motown can court investors instead of labels. The New York Times has a great piece today about Polyphonic, a venture capital firm for independent musicians. Their portfolio includes the Toronto alternative band Metric, which has actually rejected multiple offers from big record companies. [Read more…]

Originally posted on July 22, 2009 @ 4:12 am