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Earlier this spring, Turner Broadcasting announced that it would be
launching an incubator, called
Media Camp, specifically for startups in the media space. In March, it put out a call for applications, looking to find some startups to join its 12-week program. Now, after an extensive search, it's ready to announce the lucky six companies that will gain access to a bit of funding and some legal and administrative support -- but more importantly, they'll also get help from mentors in navigating the tricky media world. In most cases, Media Camp is no different from most other incubators: Companies accepted into the program get an investment of about $20,000 in exchange for a maximum 6 percent of equity. In exchange, they get 12 weeks of administrative and legal help, participate in weekly dinners, and get one-on-one mentorship from executives in the media industry.
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