25 Jan WarnerMedia shuts investment arm that backed digital media startups [Digiday]
By Sahil Patel
January 25, 2019 | Prior to becoming WarnerMedia, Time Warner was one of the most prominent investors in digital media and technology companies. But with a new corporate parent and a digital publishing industry that’s in the midst of dramatic turmoil, the company is moving on from its investment arm, putting companies in the fund on uncertain footing.
WarnerMedia Investments, formerly known as Time Warner Investments, is no longer its own corporate entity as of the end of 2018, according to six sources familiar with the matter.