Anevia, a global player in OTT and IPTV software for the delivery of live TV and VoD, has announced the success of their capital increase while maintaining the preferential subscription right launched on February 14th 2017. This operation will allow the company to meet its recapitalisation needs and to carry on with its investment plan. […]
The rapid growth of the virtual reality (VR) market is attracting substantial private and federal investments to innovative start-ups, mostly in the areas of video, services and solutions, games and apps reports Frost & Sullivan. With technological advances and improvements in user experience, VR will become more ubiquitous in industries such as healthcare, automotive, education, […]
Liberty Global and Zain, the Kuwait-based telecommunications operator, are investing in iflix, a Malaysian provider of streaming content. Liberty and Zain, along with existing shareholders Sky venture capital firm Catcha Group and Los Angeles-based merchant bank Evolution Media Capital, invested $90 million in iflix, the companies announced Tuesday. The companies did not disclose how much […]
Karen Bradley, the UK Culture Secretary, has launched a Digital Strategy designed to create a world-leading digital economy that works for everyone, with skills, infrastructure and innovation at its heart. It backs the UK digital sectors to invest for the long term and includes measures to help all businesses harness the productivity benefits of digital […]
Play Sports Group – the digital sports media company behind cycling brands Global Cycling Network (GCN) and Global Mountain Bike Network (GMBN) has announced that Discovery Communications – the global media and entertainment group and owner of Eurosport – has led an investment round, taking a 20 per cent stake in Play Sports Group and […]
Responding to the needs to reflect the UK and the people it serves, the BBC has reviewed its programming and services in the nations. As a result of this, the BBC will be making significant changes and major investments in the nations. The BBC says it wants to do even more to reflect Scotland on […]
IP-based video delivery solutions specialist MobiTV has closed $21 million (€19.91m) in funding from Oak Investment Partners and Ally Corporate Finance. The funding will accelerate the expansion of the MobiTV Connect Platform to enable IP delivery for pay-TV providers. “We’re able to future-proof the service providers’ pay-TV offerings through state-of-the-art features and rich user experiences […]
Chinese investment house CMC Capital Partners is to become a shareholder in Formula E Holdings, adding to the growing list of investors joining the electric street racing series sanctioned by governing body the FIA. CMC Capital Partners is China’s leading investor and operator in media and entertainment, sports, Internet and mobile, and lifestyle sectors – […]
Tim Hincks, a former President of Endemol Shine, and Peter Fincham, who has been Controller of BBC One as well as Director of Television at ITV, have launched Expectation, a multi-genre, independent production company covering both non-scripted and scripted programming. The venture has attracted investment from BBC Worldwide as a minority investor with a 24.9 per cent […]
8i, a company that develops holographic technology for virtual and augmented reality, has announced a $27 million (€25.4m) Series B round of funding to support the launch of its new mixed reality app Holo in 2017. The new round, which brings 8i’s total funding to $41 million, was led by Time Warner Investments, with participation […]