Bertelsmann to invest in development of digital media
By Andrew Grant-Adamson • Oct 24th, 2006 • Category: Journalism, PublishingThe German media giant Bertelsmann is to invest $63 million in getting new digital media projects on their feet. They have established a new venture capital fund, says Innovations in Newspapers. The plan is to take minority stakes in young digital media companies.
Andrew Grant-Adamson is Andrew Grant-Adamson is a journalist who now teaches a new generation of writers, subs and editors at the University of Westminster.
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