DEW to Host Competition for Digital Content and Tech Providers
Digital Entertainment World, a new industry event focused on the issue of monetizing digital content, will host a startup competition at the inaugural DEW conference, which is scheduled to take place in Los Angeles next year from February 18 to 20.
Per the announcement, 12 pre-selected startups will get the opportunity to present their products and technology, which should revolve around monetizing digital content, to a panel of top investors and VCs. Each startup will make a live, 10-minute presentation on stage at DEW, after which the panel of investors will pare the list down to four finalists. These four finalists will then get a chance to pitch their services to a larger pool of investors, who will then determine the winner.
The winner will receive a prize package, the contents of which will be revealed in the next few weeks. I imagine one of those prizes would be some sort of an investment or financial support, though that’s pure speculation on my part.
To participate in the competition, applying startups must have a product or service in the market (or in beta), and external funding not exceeding $2 million. Deadline for submissions is January 10.
Investors confirmed to sit on the judging panel include those from firms like Comcast Ventures, Menlo Park Ventures, Siemer Ventures, and Hollywood agency William Morris Endeavor, among others.
DEW is organized by IDG World Expo and Digital Media Wire with a goal of providing a venue for digital IP rights-holders to connect with potential business partners, including tech and service providers as well as distributors and device manufacturers. Speakers scheduled to appear during the inaugural event include VEVO chief executive Rio Caraeff, David Freeman of CAA, and Ross Levinsohn of Guggenheim Digital Media.Tags: CAA, Conferences, David Freeman, Digital Entertainment World, digital video, Events, Menlo Park Ventures, monetization, Rio Caraeff, Vevo, William Morris Endeavor