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Disney Announces Accelerator Startups

Walt Disney Co. announced on Monday the 11 early-stage entertainment and media technology companies chosen to participate in its new business accelerator. The Burbank company is partnering on its Disney Accelerator with Techstars, a Boulder, Colo. accelerator with similar arrangements with sports apparel manufacturer Nike Inc., telecommunications giant Sprint Corp. and London financial services firm Barclays plc. During the 15-week program, the companies will meet with mentors regularly and work together to build and expand business plans, product launches, marketing campaigns, and long-term strategies. The companies will also receive up to $120,000 in financing from Disney. Among the companies picked were Buzzstarter, a content marketing platform; video sharing software developer Jogg; Tyffon, an entertainment app developer; and Ubooly, a customized educational toy for children. “With Disney Accelerator we are now bringing the creativity and imagination of Disney to early-stage startups in a way we have never done before,” Kevin Mayer, executive vice president of corporate strategy and business development, said in a prepared statement. Shares closed down 25 cents, or less than 1 percent, to $86.59 on the New York Stock Exchange.

Mark Madler
Mark Madler
Mark R. Madler covers aviation & aerospace, manufacturing, technology, automotive & transportation, media & entertainment and the Antelope Valley. He joined the company in February 2006. Madler previously worked as a reporter for the Burbank Leader. Before that, he was a reporter for the City News Bureau of Chicago and several daily newspapers in the suburban Chicago area. He has a bachelor’s of science degree in journalism from the University of Illinois, Urbana-Champaign.

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