ReverbNation sale clears the field for new venture, line of business, for eMinor: Playmetrics

MORRISVILLE – Earlier this year, eMinor sold ReverbNation to BandLab, and the deal was announced by BandLab on the company’s website.  Now, the CEO of eMinor, Michael Doernberg, will focus his team on a new software solution in the youth sports industry that the company has been building, fueled in part from the capital infusion from the recent ReverbNation deal.

Michael Doernberg, CEO of eMinor, told WRAL TechWire this week that the business behind ReverbNation became profitable, with some 1,000 musicians each day joining the platform, and the company’s leadership team faced a decision due where ReverbNation sat in the business development cycle.

“We made these investments in music,” said Doernberg.  “And we became a very successful company.”

A rising tide of new entrepreneurs gives big lift to Durham’s future

eMinor had launched ReverbNation, and then developed an in-house marketing platform, which would become…

Read more…