Pop star Lady Gaga is reportedly joining with Google’s Eric Schmidt to produce a new social media site called “Backplane.” Tony Carter, Gaga’s manager, is at the helm of the operation and is attracting capital from important backers. So far, the company has raised more than $1 million from a group of investors including Tomorrow Ventures, headed by Google Chairman Eric Schmidt. Lady Gaga holds a 20 percent stake in the company and is said to be acting as an informal consultant.
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Gaga Sprinkles Magic Dust on New Music Networking Venture
Posted by: Rob Spiegel June 6, 2011 11:58 AMPop star Lady Gaga is reportedly joining with Google’s Eric Schmidt to produce a new social media site called “Backplane.” Tony Carter, Gaga’s manager, is at the helm of the operation and is attracting capital from important backers. So far, the company has raised more than $1 million from a group of investors including Tomorrow Ventures, headed by Google Chairman Eric Schmidt. Lady Gaga holds a 20 percent stake in the company and is said to be acting as an informal consultant.