Timbaland invest in social media company MEDL and joins Hang w/

Timbaland is a making a bet that social media is a viable option by investing in  HangWith, Inc.

“I’ve seen the power of social media and how a simple  tweet or Instagram pic can bring awareness to an album,” said Timbaland. “I  think Hang With takes things to the next level. I believe the entertainment  industry will line up behind this application and I intend to be at the head of  the line.”

The “Hang W/” app enables live, real time video to be sent  from one phone to several phones.

Can it become the next  Instagram?  The app has already received over 100,000 downloads in the  Apple App Store.

Read more: http://singersroom.com/content/2013-05-07/Timbaland-Discard-Headphones-to-Invest-in-Social-Media-Company/