1 In Every 43 Venture Capital Dollars Is Now Flowing Into Music…
Is this a simple case of dumb money, or the beginnings of a totally new industry? Because for all the collapse and total devaluation being experienced by the music industry, there are still plenty of people willing to gamble. That is, to the tune of roughly $621 million in 2012 alone according to Digital Music News stats, which now turns out to be roughly 1 in 43 dollars committed by the broader VC investment community last year.

After 13 years in audio-branding, founder Allen Klevens says that he’s seeing a shift in music pairings. Instead of complementing a restaurant’s food, he and his staff of programmers are increasingly focused on its architectural design and overall vibe. “Think about it: When you walk into a restaurant you rarely smell the food,” Klevens says. “You hear the music first.”
Main Course: Musical Menus

Prescriptive Music is a proud sponsor of Light the Night Walk, supporting the Leukemia & Lymphoma Society.
On January 13th, 2012 at 10 a.m., thousands of music junkies savored that faithful moment when the Coachella Festival tickets finally went on sale. By then, it was a race against time to get the hottest ticket in town to one of the biggest festivals to hit the west coast. With 130+ acts, the lineup brought spectacular interest. By 1:00 p.m. PST, all tickets were sold out. 