Verizon Ventures teamed up with R/GA Ventures to launch a programme that aims to help growth and early-stage companies create digital entertainment and media products. Named 'Verizon Media Tech Venture Studio,' the programme focuses on content creation and personalisation, VR/AR, AI, image recognition, content distribution, interactive advertising, e-sports and other emerging digital media platforms.
The selected companies will work closely with Verizon Ventures and Verizon’s digital media businesses on product and technology projects. They will also work directly with R/GA’s strategic marketing, consulting, branding, design, and technology teams. In addition, participants will be able to leverage Verizon’s and R/GA’s networks of investors, mentors, and global brand leaders from Fortune 100 consumer, enterprise, and technology companies.
Verizon is present in the digital media and content market with properties like Go90, AOL, Verizon Digital Media Services, and Envrmnt.
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