ITV has announced an investment in health and fitness app The Body Coach, created by fitness coach and TV presenters Joe Wicks. As part of ITV Adventures Invest, its Media for Equity investment fund, ITV has agreed to invest up to £3 million (€3.4m) in return for advertising inventory across ITV’s channels and ITVX, building […]
4iG Space and Defence Technologies has joined Axiom Space development and growth plans as an investor. As part of the transaction, 4iG’s Space and Defence holding company has commited to carry out a two-step investment in Axiom Space totalling $100 million – the first phase, $30 million by December 31st, and the second, $70 million […]
France Télévisions has laid out its 2026 budget, incorporating a saving of €140 million – an unprecedented level for the French public service broadcaster. Faced with a severe reduction in its public funding – expected to decline by €65.2 million compared to 2025 (€2.44 billion) and by more than €200 million compared to the initial […]
Eutelsat has announced the success of its share capital increase with shareholders’ preferential subscription rights for a gross amount of approximately €670 million. Eutelsat says the proceeds of the Rights Issue, combined with the proceeds of the Reserved Capital Increases completed on November 21st, will be used to reinforce its financial structure and fund its […]
The Walt Disney Company and OpenAI have reached an agreement for Disney to become the first major content licensing partner on Sora, OpenAI’s short-form generative AI video platform, bringing the two companies together “to unlock new possibilities in imaginative storytelling”. As part of a three-year licensing agreement, that signifies Hollywood’s growing acceptance of AI, Sora […]
United Group, the telco and media company in Southeastern Europe, has successfully completed an offering of its euro-denominated notes maturing in January 2032 for a total principal amount of €400 million. The issue price of the notes was par, and the notes have a fixed rate coupon of 6.25 per cent per annum. The notes […]
Titan OS, the Barcelona-based technology, entertainment and advertising company, has raised €50 million in Series A funding, led by Highland Europe, with participation from Mangrove Capital Partners and other investors. Founded in 2023 by Jacinto Roca – previously founder of Wuaki.tv, acquired by Rakuten – and his co-founders Timothy Edwards, Miquel Barba and Tobias Pfalzgraff, […]
Even though some programme approvals are still pending, the European Space Agency (ESA) wrapped up its two day Ministerial meeting in Bremen, Germany, by announcing it had received commitments from its 27 member states which total €22.1 billion for the next three years. The sum is the largest-ever with the ESA noting: “Confirmed support for […]
Eutelsat has announced the launch of a €670 million rights issue as part of its €1.5 billion capital raise to reinforce its financial structure and fund strategic ambitions. The announcement was expected, but there were also some extra details: · Subscription price: €1.35 per new share · Subscription ratio: 8 new shares for 11 existing […]
The Public Accounts Committee of the UK House of Commons has warned that if the collection and enforcement of the licence fee is not modernised, the BBC risks compliant fee payers questioning the fairness of the system. In a new report on the BBC’s accounts, the Public Accounts Committee (PAC) warns that the broadcaster’s mission […]