AUSTIN, TX (CelebrityAccess) — MediaTech Ventures, an investment fund and incubator focused on the nexus of music and technology, announced the hiring of entertainment industry veteran Ted Cohen as its Head of Corporate Development.
In his new gig at MediaTech, Cohen will focus on identifying new revenue opportunities and building partnerships for MediaTech with major media brands.
“We are thrilled to have Ted on board. In tackling the opportunity for investors, both private and corporate, in media innovation, there is no one more suited to the future of our industry than Ted Cohen. Ted has captained the evolution of media technology throughout the expansion of the Internet. We have a shared vision for how that will impact brands, entrepreneurs, and artists alike, as we continue to foster the transition from traditional media to an omni-channel, tech enabled, creative class. Through Ted’s leadership, we look to accelerate the work we’ve been doing to mitigate corporate innovation risks, accelerate capital investment, and enable opportunity (and capital) for entrepreneurs and artists alike,” Paul O’Brien, CEO of MediaTech Ventures said.
“Having spent the past eighteen months collaborating with Paul O’Brien, John Zozzaro and the impressive ‘brain trust’ at MediaTech Ventures, it quickly became apparent that my relationship with them had to evolve in order to maximize results for clients and partners. A formal role with MediaTech Ventures became inevitable, the timing is now optimum for this transition. I’m thrilled to join the team and I welcome the opportunities and challenges ahead,” Cohen added.
Cohen comes to his new role with more than three decades in the entertainment world, with his experience ranging from traditional artist management to recorded music and music video production. Over the course of his career, he has worked with artists ranging from The Sex Pistols & Van Halen to The Who & Fleetwood Mac, advised companies ranging from Universal Studios & Gibson Guitar to Napster, Amazon.com & Microsoft.
Most recently, he served as Managing Partner of the consulting firm TAG Strategic, which served as “a combination Swiss Army knife and pocket field guide to the digital and mobile industries.”
MediaTech’s current focus includes some of the most high profile areas of music innovation, such as artificial intelligence and blockchain technology. MediaTech’s current portfolio includes Musicians Desk Reference, a project management and marketplace platform aimed at working musicians, and the Global Media Initiative, an international data aggregation and analysis platform.