Turner Leads $45 Million Investment in Female-Focused Refinery29

  • Network executive will join Refinery29’s board of directors
  • Funding said to value web publisher at more than $450 million

Time Warner Inc.’s Turner, which runs the TNT and TBS cable channels, led a $45 million investment in online publisher Refinery29, placing a new bet on digital media to reach young female viewers coveted by advertisers.

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