Time Warner Cable, Hearst, HBO and Verizon have pledged to provide a total of $150,000 each to fund the NYC Media Lab, founded in 2010 "as part of a media-industry effort to encourage and benefit
from research in the same way that tech companies already do," writes Kate Kaye."As paying charter members, the companies are afforded access to the findings of research work conducted on the behalf
of other participants."
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