Partners including public media organization KQED and the John S. and James L. Knight Foundation have banded together to start Matter Ventures, a startup accelerator with a focus on media companies. Participants in the program will be given $50,000 and have access to mentoring from KQED. "As this new media world evolves we're going to need more innovation around ... how these productions can be distributed in the most effective way across these multiple platforms," KQED board member Mark Perry said.

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