Time Warner Supports Broadband Research Through $1.6 Million Partnership
Jotham Sederstrom Sept. 11, 2013, 9 a.m.
New York University‘s Polytechnic Institute is getting a boost to its broadband research.
Time Warner Cable announced it will support NYU-Poly through a $1.6 million commitment to New York City’s Media Lab.
The three-year-old Media Lab, a partnership between NYU-Poly, New York City’s Economic Development Corporation and Columbia University to pair technology firms with academics, has already received about half of the $1.6 million commitment from Time Warner. As a part of the deal, Time Warner will partner with the Media Lab to recruit talent and boost innovation for Internet services research at NYU-Poly. The remainder of the funds will be distributed to the organization through 2020. Time Warner did not announce how those funds would be distributed.
“Our partnership demonstrates the value of working closely with academic institutions undertaking research, which will benefit and change the future of technology and the ways in which we work and live.” Glenn Britt, Time Warner Cable’s chairman and chief executive officer, said in a statement.
“Time Warner Cable is excited to partner with NYC Media Lab and NYU-Poly on a project that can influence how we think about the future of Internet usage and growth,” Mr. Britt added.