Warner Music Group joins $520m investment round in video game platform Roblox - Music Business Worldwide

Warner Music Group joins $520m investment round in video game platform Roblox

Warner Music Group has invested in kids’ gaming phenomenon Roblox, as the platform’s owner, Roblox Corporation, plans to float on the stock exchange via a Spotify-style direct listing. Warner has joined a $520m Series H investment round in Roblox Corporation at a purchase price of $45.00 per share. The round was led by Altimeter Capital … Continue reading Warner Music Group joins $520m investment round in video game platform Roblox