Timefolio Asset Management invests more than $2 million in Korean indie music label

2022.06.28 13:47:25

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Timefolio Asset Management has made a bridge investment of 3 billion won ($2.33 million) in Mound Media which commands music label Magic Strawberry Sound strong in indie artists such as 10cm, Okdal, and Se so neon - as well as music distribution company Poclanos, OZZ Service, performance company Casper Live, and sound company Red Company. The 3 billion won in investment funds will be used to conduct M&As and recruit new artists.

[ⓒ Pulse by Maeil Business Newspaper & mk.co.kr, All rights reserved]

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