REV Venture Partners’ Tony Askew spoke to Global Corporate Venturing about Relx's corporate venturing strategy over the years.
“Now everyone is doing data and artificial intelligence (AI) – big media companies are all trying to distance themselves from their heritage because it is hard to make money the way they used to,” said Tony Askew, who has seen major changes in the media industry since he co-founded REV Venture Partners.
The unit was known at the time of launch in the midst of dot-com bubble in 2000 as Reed Elsevier Ventures, a subsidiary of academic publisher and data…