PLAYTIME Entertainment and Summit Media have formed a joint venture to develop technology platforms for media companies as publishers seek new tools to improve digital products, audience analytics, and content monetization. The venture, PT Summit, is 60%-owned by PlayTime Entertainment and 40%-owned by Summit Media. It aims to build technology for media and content creators before expanding the platform to independent publishers, media networks, and other content businesses. The partnership combines PlayTime Entertainment’s technology development capabilities with Summit Media’s publishing operations, which will serve as the platform’s initial implementation partner. The company said PT Summit ultimately aims to offer its platform to independent publishers, media networks, and content businesses.