Madonna and U2’s manager invests in music streaming service Saavn
Legendary talent manager and Maverick CEO Guy Oseary is has invested an undisclosed amount in music streaming service Saavn.
Saavn has said that Oseary, who currently manages major artists such as U2, Madonna, Alicia Keys and Amy Schumer, will be joining the company as “partner” and “investor”. Saavn CEO and co-founder Rishi Malhotra said that the company was working with Oseary to “develop unique artistic collaborations”.
“Saavn is the leading music service in one of the world’s largest and most dynamic markets. Many artists would love for their music to reach India’s over 1 billion residents,” Oseary said. “From the time I’ve been in the music business, that process has always been too complicated; now, through Saavn, it is finally possible to have a true local partner in India that gets it, and will work hand-in-hand with artists and their managers.” Read more…
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