Bell Invests $5 Million in Hubub to Grow Digital Reach in Canada
Bell Media announced this week an investment in Toronto-based digital startup Hubub.
Under the terms of the agreement, Bell Media has invested $5 million in cash and committed millions more to market Hubub.
In addition to acquiring an equity stake in the company, Bell Media has obtained the exclusive rights to monetize Hubub in Canada.
Million Dollar Initiative Encourages Digital Media Collaboration
New Zealand and Canada are joining together to establish a million dollar matching fund to encourage the coproduction of innovative digital media projects for online audiences.
The Canada-New Zealand Digital Media incentive has $1M CDN ($1.1M NZD) available in the 2014-2015 financial year to be allocated to approximately three eligible projects. Guidelines including details on the selection process will be announced on October 10 with a call for ideas.
Call for Canada 3.0 participants
Canada 3.0 is bringing together leaders from the Energy and Technology sectors next month in Calgary.
Dawn Farrell, President & CEO of Trans Alta, Suzanne West, President & CEO of Imaginea Energy and Tom Jenkins, Chairman of OpenText will be amongst the energy and technology sector leaders who will be Building the technology supply chain for the energy industry at this years Canada 3.0conference, which will be held in Calgary from October 28th – 30th.