Sign up to receive 5 free days of our daily summary for tech news.

Media

Media’s Serious Cutback in Startup Investing

Last week, I argued which tech companies are most and least likely to buy media companies. It made me wonder how aggressive media companies have been in tech deal-making. So I looked at their investing patterns, and they surprised me.

Traditional media companies last year appeared to invest their smallest amount in startups since 2012, according to PitchBook. (See chart.) Companies including Comcast, Axel Springer, Time Warner and AT&T invested in just 10 deals that had a total dollar value of $130.5 million compared with 20 deals that had a total dollar value of $388 million the year before. (PitchBook doesn’t break out how much the investors put into each round.)

Recent Articles

Media Entertainment Telecom

With Time Warner Win, AT&T Inherits HBO’s Challenges

By Jessica Toonkel

Media Entertainment

For Streaming Sports Upstart, a Potential World Cup Boost

By Matt Pressberg

Entertainment

Left on Merger Sidelines, Viacom Strikes Netflix Deal

By Jessica Toonkel

Entertainment

Sports-Free Streaming Service Philo Raises Money as Competition Heats Up

By Jessica Toonkel and Tom Dotan

‘Just because you are digital doesn’t mean you will have great growth, and just because you have great growth, doesn’t mean you are going to be profitable.’