News Corp, Fox Sports and Nova partner for startup equity fund

[1] News Corp launched an initiative dubbed as Scaleup Mediafund, which operates directly with businesses and venture capital and benefits from a minority shareholding in startups.

[2] Scaleup is one of News Corp Australasia executive chairman Michael Miller’s mission to give emphasize innovation and to help companies with brand awareness and market growth.

[3] Fox Sports CEO Patrick Delaney believes Scaleup provides young entrepreneurs with opportunities to utilize the media companies to for their business ventures.

[Source] Australian Information Technology News – News Corp, Fox Sports and Nova partner for startup equity fund