The co-founder and CEO of The LADBible Group, the co-founder and former President of Maker Studios and senior management executives from ITN Productions, Bartle Bogle Hegarty (BBH) and Bell Pottinger are amongst the investors backing media entrepreneur Damian Collier’s latest digital venture Blend Media. Blend Media is a 360° video and Virtual Reality content and creator platform […]
Digi-Capital’s Augmented/Virtual Reality Report and deals database recorded VCs and corporate investors pouring $2.3 billion (€2.1bn) into VR/AR startups last year, or over 3 times the $700+ million invested in 2015. 300 per cent investment growth in 12 months is impressive in any sector, let alone such an early stage market. AR hardware player Magic […]
The BBC has performed well in collecting the licence fee, having increased the amount of revenue it collects, reduced collection costs and improved its reputation overall. It has, however, performed less well in reducing evasion, according to the National Audit Office (NAO), which it estimates cost the Corporation between £251 million (€294m) and £291 million […]
Pan-European broadcaster RTL Group has decided not to exercise the call option for the remaining 49 per cent shareholding in Multi Channel Network BroadbandTV and will explore, jointly with the minority shareholders of BroadbandTV, all strategic alternatives for the company. The parties plan to mandate telecoms and media-focused advisory firm Liontree to lead this process. […]
A Brussels conference (Space Strategy for Europe:The Road Ahead) heard senior speakers from Europe’s space businesses urge delegates and industry leaders to “buy European” for their satellite, military and commercial, and satellite launches. Belgium’s deputy prime minister, Didier Reynders spoke for many when he expressed fears that changes in US strategy under the Trump administration […]
Pan-European broadcaster Sky has continued the growth of its international production and distribution business with the acquisition of a majority stake in one of the UK’s leading independent production companies, True North, and an investment in UK-based television drama production company from Chris Wright and Mick Pilsworth, Chrysalis Vision. Over the last three years, Sky […]
PA Group – the parent company of the Press Association (PA), the national news agency for the UK and Ireland – has made a strategic investment in the social video creation platform Wochit. Wochit enables content producers, including media and publishing companies, to create socially-optimised videos quickly. PA joins a growing list of global media […]
Spaces, the virtual reality and mixed reality company launched in 2016 by VR pioneers from DreamWorks Animation, has raised an additional $6.5 million (€6.1m) in funding, led by China-based Songcheng Performances Development, with additional investment from Comcast Ventures, the venture-capital affiliate of Comcast Corporation, and other leading VC groups. Combined with a previously announced $30 […]
German commercial broadcaster ProSiebenSat.1 Group is continuing to internationalise its online video business and is building up a strategic partnership with its European media partners TF1 Group (France) and Mediaset (Italy) in the field of multi-channel networks (MCN). Both media corporations are investing in ProSiebenSat.1’s premium MCN – Studio71 – by way of a capital […]
BBC Worldwide, Access Entertainment and Lookout Point are undertaking an initiative to fast-track production of premium quality scripted drama for television audiences around the world. The partners intend to offer world-renowned writing and producing talent a new route to production, with an independent funding model enabling producers to have their scripted television series greenlit without […]