Lady Gaga & Kanye West Invest in Turntable.fm [REPORT]

 By 
Brenna Ehrlich
 on 
Lady Gaga & Kanye West Invest in Turntable.fm [REPORT]
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The two musical monsters (Mother and "motherf**king") are contributing to a $7.5 million financing round, headed up by Union Square Ventures, to the still-in-beta service, according to Business Insider.

Turntable.fm recently scored licensing agreements with ASCAP (American Society of Composers, Authors and Publishers) and Broadcast Music Inc. (BMI).

We're reached out to the musicians' camps for comment.

For the the under-rock-dwellers: Turntable.fm is basically akin to AOL chatrooms of old -- with music. Right now, it's invite-only (and U.S.-only), but if you have a friend on Facebook who's already using it (you likely do), you'll be able to get access. Around 300,000 people already have.

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