Media Companies Pitched To Invest In Tech Startups

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That’s how a new independent media capital fund launching stateside describes itself, and how it is the first fund to invest media capital — namely digital and TV advertising — in what it believes are high-growth nascent technology companies in exchange for equity.

Given the oft-repeated macroeconomic headwinds that are impacting the nation’s largest broadcast radio and TV companies, are there any takers? Yes — two big ones.

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