TCG is an independent media company. Their focus is on majority and minority investments in growing consumer businesses. Our portfolio includes digital media, commerce, marketplaces, sports, gaming, consumer finance, and health and wellness brands and platforms.

Knight Foundation is a national foundation with deep local connections, dedicated to promoting informed and engaged communities, which it views as vital for a healthy democracy. The foundation invests in journalism, the arts, and the development of cities where its founders, John S. and James L. Knight, once published newspapers. Through its Knight Enterprise Fund, it provides early-stage venture funding specifically aimed at media innovation. By supporting early-stage companies at the intersection of media and technology, Knight Foundation seeks to enhance access to quality information, thereby contributing to the overall well-being of communities.

Advancit Capital is an early-stage investment firm established in 2011 and located in Norwood, Massachusetts. The firm specializes in investing in companies within the media, entertainment, web3, and technology sectors. Advancit Capital aims to build long-term partnerships with dedicated entrepreneurs and offers strategic and industry expertise to enhance growth during critical stages of development. By providing value-added resources, the firm supports the advancement of innovative companies in dynamic and evolving markets.

Mixi is a Japanese company that operates a social networking service, enabling users to connect with friends conveniently. The platform allows users to send and receive messages, write and read diaries, comment on posts, and engage in community activities. Mixi also focuses on the entertainment sector, providing native smartphone games through its Entertainment Business segment. Additionally, it operates in the Media Platform Business segment, which includes business-to-consumer and consumer-to-consumer services on the Internet. The company aims to enhance user interaction and entertainment through its diverse offerings in social networking and gaming.

The Patrick J. McGovern Foundation, based in Boston, Massachusetts, is a philanthropic organization founded in 1990 that focuses on the intersection of artificial intelligence, data science, and social impact. Established as a legacy of IDG founder Patrick J. McGovern, the Foundation aims to harness the potential of technology to democratize access to knowledge and improve the human condition. It invests in initiatives that explore and develop AI and data science to create positive societal change. By fostering innovation in these fields, the Foundation seeks to fulfill McGovern's vision of leveraging technology for the greater good, ultimately enhancing lives and addressing pressing global challenges.

H.I.G. Capital, LLC is a private equity and alternative assets investment firm founded in 1993 and headquartered in Miami, Florida, with additional offices in North America, South America, and Europe. The firm specializes in providing both debt and equity capital to small and medium-sized companies, focusing on sectors such as specialty manufacturing, business services, consumer goods, education services, healthcare, and information technology. H.I.G. Capital engages in a variety of investment strategies, including leveraged buyouts, management-led buyouts, corporate carve-outs, and distressed investments. The firm primarily targets companies with enterprise values ranging from $25 million to $1 billion and typically invests between $3 million and $100 million. While it prefers to invest in companies based in the United States, particularly in the Western and Midwest regions, H.I.G. Capital also has a presence in Europe and Latin America. The firm seeks to create value through an operationally focused approach and aims to support the growth of its portfolio companies.

BBC Studios is a most-awarded production company and a world-class distributor, we are an unrivaled creator of - and investor in - UK programs reaching audiences.

Dentsu is a prominent Japanese international advertising and public relations firm that provides a comprehensive range of communication-related solutions. Established originally as Japan Advertising Ltd. and later known as Japan Telegraphic Communication Co., Ltd., Dentsu operates across eight business domains, including Marketing, Digital Marketing, Creative Sphere, Promotions, Media, Content, PR, and Global Business. The company emphasizes collaboration and innovation, partnering with brands to drive meaningful progress and sustainable growth. Additionally, Dentsu Health offers integrated healthcare agency services through a global teaming platform, transforming the industry model. Its diverse capabilities allow Dentsu to address various client needs, enabling lasting change and value creation in the advertising landscape.

Alumni Ventures Group, LLC is a venture capital firm based in Manchester, New Hampshire, founded in 2013. The firm specializes in seed and early-stage investments, as well as late-stage pre-IPO opportunities, with a flexible approach that is sector and geographic agnostic. Alumni Ventures aims to provide high-quality, diversified venture portfolios to individual investors, particularly accredited alumni from top entrepreneurial schools, who may not have had access to venture capital previously. The firm focuses on backing companies that have an alumni connection and are led by established institutional investors with expertise in their respective fields. Additionally, Alumni Ventures offers focused funds that enable accredited investors to access a diverse portfolio of investments across various types, sectors, stages, and geographies.

The American Journalism Project is the first venture philanthropy organization dedicated to local news by investing in and building nonprofit newsrooms that are sustained by and look like the people they serve. We make catalytic investments in nonprofit news organizations, partner with communities to launch new organizations, and coach leaders as they grow and sustain their newsrooms.

Getty Images, Inc. is a digital media company that specializes in the creation, distribution, and licensing of visual content, including images, audio, and video products. Founded in 1995 and headquartered in Seattle, Washington, Getty Images serves a global clientele across various sectors such as news, sports, and entertainment. The company offers a diverse range of services, including contemporary and archival imagery, photo assignment services, and research and clearance for licensing. Additionally, Getty Images provides technological solutions like the Getty Images API for streamlined content access, Media Manager for brand asset management, and STUDIO, which focuses on authentic brand storytelling. With a commitment to enhancing visual communications, Getty Images leverages advancements in artificial intelligence and machine learning to improve search functionality and user experience, reinforcing its position as a leader in the visual content industry.

North Base Media is a venture capital investment firm based in Chevy Chase, Maryland, founded in 2013. The firm specializes in investing in the digital media sector, having pioneered global digital-media investing over the past decade. It has backed successful companies such as IDN Media in Indonesia, Pocket Aces in India, TheNewsLens in Taiwan, and Capital Digital in Mexico. North Base Media's first venture fund, launched in 2015, is recognized for its strong performance, consistently ranking in the top quartile of media and global venture funds. The firm was co-founded by Marcus Brauchli, a former top editor at The Washington Post and The Wall Street Journal, and Sasa Vucinic, the former CEO of the Media Development Investment Fund. Stuart Karle serves as the general counsel, bringing experience from his previous roles as COO of Reuters and General Counsel of The Wall Street Journal.

GE Capital Equity was the private equity investment arm of General Electric, focusing on maximizing returns through strategic equity investments. The firm specialized in acquiring minority ownership stakes in established companies with significant growth potential across various sectors, including healthcare, energy, transportation, and aviation. GE Capital Equity leveraged its extensive industry expertise and global reach to identify and support strong management teams in these high-growth areas. By engaging in investment opportunities such as growth capital, buy-out co-investments, and recapitalizations, the firm aimed to foster sustainable value creation and enhance the overall performance of its portfolio companies.

Warner Bros. Discovery, Inc. is an American multinational mass media and entertainment conglomerate headquartered in New York City. It was established on April 8, 2022, through the merger of WarnerMedia and Discovery, Inc. The company operates across three primary segments: studios, networks, and direct-to-consumer services. Its studios division, which includes Warner Bros. Pictures, focuses on producing, distributing, and licensing films and television shows. The networks segment encompasses popular cable channels like CNN, TNT, TBS, and HGTV, while the direct-to-consumer segment includes streaming platforms such as Max and Discovery+. Warner Bros. Discovery delivers a vast array of content, producing over 8,000 hours of original programming annually, and serves diverse audiences with content that informs and entertains. The company continues to hold a significant position in the media landscape, leveraging its extensive brand portfolio to engage viewers around the globe.

WarnerMedia is a prominent media and entertainment company that focuses on creating and distributing high-quality content to global audiences. It encompasses a diverse portfolio of consumer brands, including HBO, Warner Bros., CNN, and Cartoon Network, among others. The company operates through several segments, including Cable, which provides video and internet services, Filmed Entertainment, which produces theatrical films and television programming, Networks, which offers various television channels, and Publishing, which publishes magazines and operates related websites. WarnerMedia is committed to delivering engaging stories from a wide array of talented creators, enhancing its reach and impact in the media landscape. Founded in 1985 and based in New York, WarnerMedia continues to evolve within the dynamic world of entertainment.

TheSoul Publishing is the world’s leading digital studio that produces engaging, positive, and original content for a global audience. With a creative team based in more than 70 countries and six continents, TheSoul Publishing showcases entertaining brands in 21 languages, which are distributed through a social media-driven cross-platform network. TheSoul Publishing’s award-winning portfolio offers a wide range of enjoyable content, including cutting-edge 3D technology, stop-motion production, live-action videos, music, craft projects, and vibrant animation, across its universe of well-known channels, including the world’s number one DIY brand, 5-Minute Crafts®, Bright Side, 123 GO!, Avocado Couple, La La Life, Teen-Z, Baby Zoo, Slick Slime Sam, and Polar. With over 2 billion social media followers across Facebook, Instagram, TikTok, YouTube, Pinterest, and Snapchat, TheSoul Publishing creates irresistibly shareable content for all ages. The company continues to expand its presence in the digital content, talent management and creator services landscape, exemplified by its acquisition of Underscore Talent and the growth of Shorthand Studios. TheSoul Publishing has garnered numerous accolades, including top honors and nominations from the Webby, Shorty, Telly, Viddy, Streamy, Stevie, and Lovie awards. The company was named ‘Digital Studio of the Year’ at Digiday’s 2023 Video & TV Awards, won 'Best YouTube Presence' at the 2023 Shorty Awards, and received a nomination for ‘Social Media Team of the Year’ at The Drum’s 2023 Online Media Awards. Founded in 2016, TheSoul Publishing is headquartered in Cyprus with production studios and offices in Europe and the U.S. For more information, please visit TheSoul Publishing’s website: http://thesoul-publishing.com

Publicis Groupe, headquartered in France, is the third largest communications group globally and the second largest advertising holding company by revenue. The company offers a wide range of services, including traditional and digital advertising, public relations, and consulting, with a significant focus on business transformation through the integration of creativity and technology. Publicis operates specialized agencies that provide various marketing services, such as interactive communication, online direct marketing, social media strategies, e-commerce, search engine optimization, and customer relationship management. These services help clients enhance brand loyalty and optimize marketing efficiency through targeted programs and robust database support. With over 80% of its revenue derived from more developed regions like North America and Europe, Publicis remains a key player in the global marketing landscape.

Bossa Invest is a venture capital firm based in São Paulo, Brazil, founded in 2011. The firm specializes in managing investment portfolios and providing asset management services across various sectors, including finance, technology, and real estate. Bossa Invest analyzes market trends to guide its investment decisions, with a particular focus on companies in the software as a service sector. Through its strategic investments, the firm aims to support the growth and development of innovative businesses.

Media Development Investment Fund is a not-for-profit venture capital firm based in New York City, established in 1995. The organization focuses on providing debt and equity financing to independent media businesses in regions with a history of media oppression. By offering affordable financing and technical assistance, it aims to help independent news outlets develop sustainable operations centered on quality news and information. Since its inception, the fund has disbursed over $325.5 million in financing, encompassing loans, equity investments, and technical assistance. It has supported 154 clients across 48 countries, and by the end of December 2024, it managed a portfolio valued at $118.4 million, allocated among 65 media enterprises in 36 countries.

SK Square is a South Korean investment company that emerged as a spin-off from SK Telecom. It focuses on managing a strategic portfolio within the semiconductor and information and communications technology (ICT) sectors. The company aims to invest in promising future technologies, including artificial intelligence, blockchain and digital assets, healthcare, and media, as well as other core technology companies. By concentrating on these innovative fields, SK Square seeks to leverage emerging trends and advancements to drive growth and create value.

LionTree is an independent investment and merchant bank established in 2012 and headquartered in New York City. The firm specializes in providing advisory services, capital markets solutions, and asset management, with a strong emphasis on the media, technology, communications, consumer, and creative industries. LionTree's expertise and thematic focus enable it to offer a unique perspective that assists its clients in unlocking growth and driving transformation within the global digital economy. The firm's integrated platform is designed to support relationships across various stages of development, catering to companies looking to navigate the complexities of today's market landscape.

Sky UK is a leading entertainment company based in Isleworth, United Kingdom, serving 22 million customers across satellite, over-the-top (OTT) services, and broadband in five countries: the UK, Ireland, Italy, Germany, and Austria. The company provides a diverse range of content, including sports, news, movies, and arts, through various channels such as Sky Sports and Sky Atlantic. Sky prioritizes customer service and leverages innovative technology to enhance the viewing experience, allowing customers to access content whenever and wherever they choose. Additionally, Sky Media UK represents the company’s advertising interests, managing sales for its various channels and platforms.

Liberty Media Corporation is a holding company that operates primarily in the media, communications, and entertainment sectors across North America and internationally. Its key subsidiaries include SIRIUS XM and Formula 1. Liberty Media provides a range of services, including subscription-based satellite radio that offers music, sports, entertainment, and news channels. It also enhances vehicle safety and experience through connected vehicle services and distributes satellite radios via automakers and retailers. The company owns the Atlanta Braves Major League Baseball team, along with several minor league teams and a baseball academy in the Dominican Republic. Additionally, Liberty Media holds commercial rights for the development and exploitation of the World Championship. The company is headquartered in Englewood, Colorado.

Tencent Holdings Limited is a leading internet service provider based in Shenzhen, China, known for its extensive range of value-added services, including online games, social networking, financial technology, and online advertising. Founded in 1998, Tencent operates major platforms such as WeChat and QQ, which facilitate communication, entertainment, and e-commerce for millions of users. The company is recognized as the world's largest video game publisher, with popular titles like Honor of Kings in its portfolio. In addition to its core services, Tencent is involved in the production and distribution of films and television programs, as well as software development and digital content licensing. With a focus on user-oriented strategies, Tencent continues to adapt and expand its offerings, positioning itself as a vital part of daily life for many consumers in China and beyond.

Northstar Ventures Limited is a venture capital firm based in Newcastle upon Tyne, United Kingdom, founded in 2004. The firm specializes in both direct investments and fund of fund investments, targeting a wide range of sectors including technology, media, clean technology, healthcare, and entertainment services. Northstar Ventures focuses on early-stage and growth-stage companies, investing between £0.02 million and £0.75 million, with the potential for larger investments of up to £2 million in businesses with a turnover of up to €50 million. The firm emphasizes its commitment to the North East of England, seeking to foster talent, job creation, and economic growth in the region. By leveraging its extensive network of partners, Northstar Ventures aims to support innovative solutions that address pressing societal issues.

Enterprise Ireland is a government agency based in Dublin, Ireland, established in 1998 to foster the growth and development of indigenous businesses. Its primary mission is to assist Irish enterprises in achieving a strong presence in global markets, thereby enhancing national and regional prosperity. The agency supports a wide range of companies, from high-potential start-ups to established businesses, by providing funding, resources, and guidance. Additionally, Enterprise Ireland collaborates with college-based researchers to facilitate the development and commercialization of innovative technologies through licensing and spin-out companies. By focusing on innovation and export sales, Enterprise Ireland plays a crucial role in driving economic growth and competitiveness within the Irish economy.

Mediaocean is an essential platform for omnichannel advertising, managing over $200 billion in annual media spend through its software. The company provides a comprehensive advertising workflow management solution designed for advertisers, agencies, broadcasters, and publishers globally. Its platform facilitates cross-media planning, cost management analysis, invoicing, and payment management, enabling clients to effectively manage and coordinate their entire advertising process. By leveraging AI and machine learning technology, Mediaocean optimizes marketing investments and enhances business outcomes, supporting campaigns from planning and buying to ad serving, creative personalization, and performance analysis. With a workforce of 1,700 employees across 30 international offices, Mediaocean serves over 100,000 users of its products.

work with private equity and venture capital fund managers, investment advisors and business entities from around the world.

Gray TV is a broadcast company that owns and operates television stations in 31 markets across the country, broadcasting over 85 distinct channels of programming and operating dozens of local digital and mobile platforms. Gray is committed to supporting local community interests by providing quality news and entertainment to each market they serve. This community focus provides exceptional growth opportunities through a selective acquisition strategy, building long-term value for their stockholders.

Shamrock Capital Advisors, LLC is a private equity firm based in Los Angeles, California, with an additional office in Tel Aviv, Israel. Founded in 1978, the firm specializes in growth equity investments, focusing on media, entertainment, and communications sectors. Shamrock seeks to invest in companies that require expansion capital, management buyouts, and leverage recapitalizations, primarily targeting the lower middle market. The firm typically invests between $15 million and $100 million in companies with an enterprise value ranging from $30 million to $250 million. By leveraging its extensive industry knowledge and network, Shamrock aims to identify companies with significant value creation potential. The firm generally prefers to be the lead investor, making control, majority, or minority investments, and maintains a typical investment horizon of three to seven years.

Founded in 1972 and based in Menlo Park, California, Sequoia Capital is a leading venture capital firm that specializes in investing in early to growth stage companies across various sectors, including energy, financial services, healthcare, internet, mobile, and technology. The firm aims to collaborate with a select number of ambitious founders to help them build transformative companies. Sequoia Capital typically invests between $100,000 and $1 million in startups at the seed stage, $1 million to $10 million in early-stage companies, and $10 million to $100 million in growth-stage firms. With a strong preference for being the first investor in profitable and rapidly growing companies, Sequoia seeks to partner with teams that have demonstrated successful products or services. The firm's investment strategy encompasses a global perspective, with significant allocations in markets such as China, India, and Israel.

Dentsu Aegis Network is a global marketing services group designed for the digital economy, focusing on transforming brands, businesses, and communities. The company specializes in media, digital, and creative communications services, providing businesses with the tools to build brand identity through innovative strategies and integrated thinking. By leveraging its expertise in these areas, Dentsu Aegis Network assists brands in anticipating opportunities and establishing economic pathways, ensuring they remain competitive in an increasingly connected marketplace.

Sony Group Corporation, a Japanese multinational conglomerate based in Tokyo, develops and manufactures a wide range of audio, video, communications, and information technology products for both consumer and professional markets. The company is known for its diverse portfolio, which includes iconic brands like Walkman for portable audio, Vaio for personal computers, Xperia for smartphones, Cybershot and Alpha for digital cameras, and PlayStation for video game consoles. Sony operates through seven main business segments that encompass electronic appliances, gaming, devices and semiconductors, entertainment content, and financial services. This multifaceted approach reflects Sony's commitment to innovation and its ability to adapt to changing market demands.

Sinclair Broadcast Group, Inc. is a leading television media company in the United States, operating a large portfolio of television stations. The company owns and operates 191 stations across 89 markets, delivering a diverse range of programming that includes network-affiliated shows, locally-produced news, local sporting events, and syndicated entertainment. Sinclair's reach encompasses approximately 35% of U.S. television households, featuring affiliations with major networks like FOX, ABC, CBS, NBC, and more. In addition to its broadcasting operations, Sinclair owns the Tennis Channel and various regional sports networks that have exclusive rights to air games for numerous professional sports teams. The company also offers digital agency services, broadcast technical services, and manufactures broadcast systems. Founded in 1986 and headquartered in Hunt Valley, Maryland, Sinclair Broadcast Group continues to expand its influence within the media landscape through strategic investments and comprehensive programming.

Next Media Accelerator, established in 2015 and located in Hamburg, Germany, is an independent accelerator that focuses on early-stage media technology startups from Europe, Israel, and the United States. Funded by over 30 media outlets in Germany and Austria, NMA aims to invest in innovative solutions that disrupt the media landscape. The accelerator targets various sectors, including business products, services, consumer products, consumer services, information technology, and software as a service (SaaS). Through its investments, Next Media Accelerator seeks to foster the development of groundbreaking technologies that can transform the media industry.

Acceleration Community of Companies is composed on acquired marketing, media and communications agencies and complemented by an advisory service.

Lightspeed Venture Partners is a global venture capital firm established in 1998 that focuses on investing in early-stage companies across a diverse range of sectors. The firm targets technology-led businesses as well as non-technology opportunities in areas such as advertising and media, healthcare, education, financial services, and retail. It engages in various investment stages, including seed, early-stage, later-stage, and expansion-stage financing. Lightspeed specializes in debt financing for start-ups and growth companies while also exploring opportunities in consumer, enterprise, cleantech, and other markets. The firm is known for its strategic investments in innovative sectors, including big data, bitcoin, mobile technology, and software solutions.

Greycroft is a venture capital firm that specializes in technology start-ups, focusing primarily on the Internet and mobile sectors. With offices in New York and Los Angeles, Greycroft is strategically positioned to support entrepreneurs in these key business hubs. The firm utilizes a vast network of connections within the media and technology industries to help entrepreneurs increase visibility, establish strategic partnerships, and successfully bring their products to market. Since its inception, Greycroft has made over 200 investments totaling more than $1 billion, backing notable companies such as Acorns, App Annie, Bird, and Venmo. Additionally, Greycroft is committed to promoting diversity in the venture capital space, as evidenced by its adoption of the Diversity Term Sheet Rider.

BDMI is a venture capital firm headquartered in New York focused on innovative digital media technologies, products, and distribution channels in North America, Europe and Israel. BDMI concentrates on early stage investments in the digital media landscape. The company focuses predominantly on Series A and B investments, but also has a seed fund that includes about 20 companies. The initial investment range is from $500k to $3m. We look for opportunities where we can accelerate growth through BDMI’s financial and management resources and close connectivity with one or more Bertelsmann divisions. With consolidated revenues of over $25 billion, Bertelsmann is an international media company encompassing television (RTL Group), book publishing (Penguin Random House), magazine publishing (Gruner + Jahr), music (BMG) and media services (Arvato) in more than 60 countries. Due to the vast resources of Bertelsmann SE & Co. KGaA, BDMI is an investor that provides not only capital, but can also support startups by using its network of diverse contacts at Bertelsmann and in the broader media world.

CMC Capital Group is China's first media sector focused on the alternative investment management company. CMC is dedicated to media investments both in China and the International market. In April 2009, CMC was registered and approved by China's National Development and Reform Commission with RMB 5 billion in assets under management. CMC is uniquely positioned to capitalize on the growth and development of China's media sector as well as international investment opportunities. CMC will target media assets with consistent cash flow, strong market position, well-established branding, and high future growth potential. The firm is focused on growth capital, corporate restructuring, and MBO/privatization financing opportunities; targeting companies with enterprise value between RMB 300 million to 2 billion. Their equity investment size ranges between RMB 140 million to 480 million. With their strong and unique investor base, they are also able to lead or participate in large buyout transactions in excess of RMB 6 billion. CMC Capital Group is formerly known as China Media Capital.

Warner Music Group is a prominent music company engaged in recording, publishing, and providing artist services through various international affiliates and licensees. As the third-largest of the major record companies, Warner Music generates the majority of its revenue from its recorded music segment, which includes well-known labels such as Atlantic Records, Warner Records, and Elektra Records. The company boasts a roster of successful artists, including Ed Sheeran, Bruno Mars, Cardi B, and Dua Lipa. Additionally, Warner Music's publishing division, Warner Chappell, represents over 150,000 songwriters and composers, encompassing a diverse array of talents, both from within its own roster and from other labels. This extensive catalog includes the management of more than one million musical works.

Havas Media is a prominent media brand within the global communications group Havas, headquartered in New York. The company operates through two main global media networks, Havas Media and Arena Media, and emphasizes a structure designed for integration and digital fluency. Havas Media provides a range of services, including media planning and buying, data analysis and activation, creative content development, performance marketing, and expertise in mobile and social media. The company is supported by specialized units such as Mobext for mobile, Socialyse for social media, and a global trading desk known as Affiperf. Additionally, Havas Sports & Entertainment serves as the group's brand engagement network, further enhancing its offerings in the marketing landscape.

Third Prime Capital is a venture capital firm founded in 2016, with headquarters in New York and an additional office in Mount Pleasant, South Carolina. The firm specializes in seed and early-stage investments, focusing primarily on companies in the consumer, real estate services, and media sectors. Third Prime typically invests between $250,000 and $3 million in private companies, aiming to support innovative startups that have the potential for significant growth. With a strong presence in both New York and Nashville, the firm manages over $500 million in assets, positioning itself as a notable player in the early-stage venture capital landscape.

Progress Ventures is an early-stage investment firm based in Boston, Massachusetts, founded in 2002 as the venture capital arm of Progress Partners. The firm specializes in investing in emerging platforms within the media and marketing technology sectors. Progress Ventures collaborates with experienced entrepreneurs, providing capital to promising start-ups that aim to become vital components of the digital marketing and content ecosystem. Its focus areas include B2B marketing, advertising, and media technology, positioning the firm as a key player in fostering innovation in these industries.

Global Brain Corporation, founded in 1998 and based in Tokyo, Japan, is a venture capital firm that focuses on investing in seed, early, and later-stage startups. The firm has a diverse portfolio, having invested in over 300 companies across various sectors, including e-commerce, software, gaming, media, IoT, disruptive technology, education, entertainment, and fintech. Global Brain is recognized for its hands-on support approach, which has contributed to 25 initial public offerings and 61 mergers and acquisitions among its portfolio companies. In addition to managing traditional investment funds, Global Brain also provides Venture Capital as a Service (VCaaS) solutions and collaborates with leading public companies in sectors such as telecommunications, real estate, financial services, beverages, agriculture, logistics, and electronic devices.

Yahoo is a media technology company based in New York City that connects users with a wide range of interests, including finance, sports, shopping, gaming, and news. It operates as a comprehensive web portal, offering services such as Yahoo Search, Yahoo Mail, and Yahoo News. Additionally, Yahoo provides a platform for businesses to engage in advertising and marketing, leveraging its extensive media reach. The company also includes Yahoo! Store, which offers tools for building and managing e-commerce sites. By combining innovative technologies with diverse content, Yahoo aims to facilitate connections among its users and deliver relevant information and services.

Playmaker is a digital sports media company that lives at the intersection of sports, gambling, media, and technology. Playmaker is building a collection of premier sports media brands, curated to deliver highly engaged audiences of sports fans to sports betting companies, leagues, teams, and advertisers.

Ringier AG is the largest Swiss media company with a significant international presence, producing over 120 newspapers and magazines. Established in 1833, it has expanded its operations to include printing facilities, radio and television stations, and more than 80 web and mobile platforms, employing approximately 8,000 people worldwide. The company is based in Zurich, where its headquarters has been located since 1978. Ringier has a long history of innovation, having launched Switzerland's first tabloid, Blick, in 1959, and recognized the potential of the internet in the late 1990s, establishing digital platforms such as Blick Online. The company operates through a diversified strategy encompassing publishing, digital business, and entertainment, and has engaged in international expansion since the 1980s, including ventures in Asia and Eastern Europe. Its commitment to journalistic quality, independence, and diverse information has defined its legacy over nearly two centuries.

Pierre Omidyar, the founder of eBay, and his wife, Pam, established Omidyar Network based on the belief that every person has the potential to make a difference. Since 2004, they have worked with their partners to create opportunities for people to tap that potential, enabling them to improve their lives and make powerful contributions to their communities. They support, scale, and champion the work of their partners in order to maximize social impact. As a philanthropic investment firm, they make both investments and grants, identifying like-minded organizations that they support, help scale, and collaborate with to help realize their full potential. Their efforts are organized around two investment initiatives Access to Capital, and Media, Markets and Transparency.

BIA Digital Partners is a private investment firm located in Chantilly, Virginia, specializing in providing flexible junior capital to middle market companies primarily in the media, entertainment, telecommunications, education, and information services sectors. Founded in 2000, the firm focuses on making investments through subordinated debt with warrants, although it may occasionally engage in equity securities. BIA Digital Partners typically targets companies with an enterprise value ranging from $20 million to $100 million, seeking to invest between $4 million and $30 million in businesses that generate recurring revenues of $10 million to $100 million and have EBITDA of $2 million to $20 million. The firm aims for a majority stake in its portfolio companies and structures its financial arrangements with redemption and maturity periods of one to seven years. BIA Digital Partners is also licensed as a Small Business Investment Company (SBIC) by the U.S. Small Business Administration.