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Best Buy funding digital media firms

FROM TWICE: Investing in applications for music, video and gaming

By Alan Wolf of TWICE -- Video Business, 5/28/2009

MAY 28 | FROM TWICE: Best Buy has launched a strategic equity investment fund to help bankroll digital media startups.

The new fund will invest in companies developing applications for digital music, video and gaming, personal media management, and “other areas that leverage the touch points and reach of Best Buy,” said Fuse Capital, the retailer’s partner in the venture.

Read the full story on TWICE.com.

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