Fan funding platform, Corite – co-founded by Universal Music Sweden alumni Mattias Tengblad (CEO) and Emil Angervall (COO) – has inked a partnership with L.A-based HITCO Entertainment. HITCO, run by L.A Reid and Charles Goldstuck, has acquired a minority stake in Corite and will help the company launch in the US. Source: HITCO Entertainment acquires stake in