£150m fund helps media firms through ‘valley of death’

Serial investor Patrick Bradley is creating a new £150m fund to invest in Europe’s hottest established media and entertainment businesses.

The Station 12 fund aims to invest growth capital of between £5m and £10m over the coming years to help these mid-size media firms over the so-called “valley of death”.

Mr Bradley is keen to find companies that are creating new marketplaces and using exciting new media technologies, such as video subscription site Netflix.

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