Chris Pfaff moderated the ‘Media VCs and Accelerators’ panel at Arctic15 Helsinki on Tuesday, June 1, 2021 with the following panelists:

• Melanie Schröder, director of finance and portfolio, APX
• Nico Lumma, managing partner, Next Media Accelerator
• Anne Jacobsen, CEO, Media City Bergen

Arctic15, the leading networking and matchmaking event for investors – including Index Ventures, Draper Esprit, and NEA – and start-ups in the Nordic region, was an ideal forum for this session, which discussed:

* media consolidation rapidly accelerating at a time when media tech is smashing legacy distribution models. Are we actually about to enter a new golden age of media investment in Europe?

* European broadcast and cable networks and telecom operators have created environments that enable media innovation to flourish. How do accelerators work with broadcasters and operators to create differentiated ventures?

* Strategic media investors are in a strong position today, it would seem, as many institutional VC firms shy away from media investments. How does APX approach early-stage media investment?

* Bergen is an unusual media hub, bolstered by TV-2 and its famous spin-outs, including VizRT and Vimond, among others. How has MCB broadened the outlook for the Norwegian media scene, in general, and can it sustain the track record of Norwegian media start-ups?

* Germany continues to produce leading media-tech ventures, from Soundcloud to hologate. What does the next year – coming out of the pandemic – look like for media investment in Germany?

* how do you help position start-ups in a media world that seems, quite often, to be dominated by Big Tech? Do the likes of Facebook, Apple, Microsoft, and Google appear to be roadblocks or islands of opportunity (either for investment or acquisition)?

Nico Lumma (upper left); Chris Pfaff (upper middle); Melanie Schröder (upper row, second from right); Anne Jacobsen (upper right)