The September 9th announcement that satellite operator SES is to build a new teleport on the Isle of Man could lead to growth in the broadcast media sector, according to one of the figureheads of the scheme, formally unveiled at a special ceremony on the island . Speaking exclusively to advanced-television.com, Stuart Semark, Special Adviser […]
Time Warner Investments has led a $12 million (€10.7m) Series B funding round for You.i TV, whose platform powers the design, development, and delivery of immersive user interfaces for video applications across multiple devices. Scott Levine, Managing Director, Time Warner Investments, will join the You.i TV Board. This strategic investment is being used to further […]
Satellite operator Eutelsat is taking a minority stake in London-based advanced video compression technology specialist V-Nova. The pair also plan to enter into a commercial partnership focused on satellite video transmission markets, where Eutelsat will exclusively distribute V-Nova’s PERSEUS-powered compression solutions in jointly defined offers for pre-agreed markets. The collaboration with V-Nova reflects Eutelsat’s commitment […]
21st Century Fox has backed Jeremy Clarkson’s DriveTribe venture with US$6.5 million. The new digital portal will launch in November with Clarkson’s fellow presenters Richard Hammond and James May and backing from former Top Gear executive producer Andy Wilman and tech entrepreneur Ernesto Schmitt. DriveTribe is planning “the world’s digital hub for motoring”, with ‘tribes’ […]
On September 1, a Falcon 9 rocket owned by SpaceX blew up when a static engine test was about to be held at Cape Canaveral. The rocket was being tested in a ‘dress rehearsal’ for a planned September 3 launch of its satellite passenger, the Amos-6 craft, built by Israel Aerospace Industries (IAI) on behalf […]
Sky has invested €4 million in French OTT platform Molotov, which distributes free and pay-TV channels and content to consumers via a freemium model. This investment is part of a larger Molotov financing round and is the latest in a series of Sky investments in innovative start-up companies. Molotov was founded in 2014 by JeanDavid […]
HTC has invested $5 million in Steel Wool, a VR development studio founded by creative veterans of Pixar Animation Studios, Lucasfilm, and Telltale Games. The company said it will use the funds to help develop multiple existing projects across games, simulation, and narrative concepts. “The Steel Wool Studios team carries an impressive pedigree of creative […]
Despite his own Vice Media’s massive success, Shane Smith used the MacTaggart Lecture at the Edinburgh TV Festival to warned there was a crisis coming in the media industry with consolidation among major players and an “evisceration” of digital businesses that are struggling to make their business models work. “Next year…. be a [expletive] bloodbath,” […]
It’s a scheme that’s guaranteed to give a highly-personalised Virtual Reality experience from some hundreds of kilometres out in space. SpaceVR has raised some crowd-funding cash to start building Overview-1, a specially designed satellite that will be launched next June up to the International Space Station (on a scheduled CRS-12 mission) where it will then […]
FloSports has received $21.2 million (€18.7m) in new funding to accelerate the online sports network’s growth into new sports and expand its existing verticals. DCM Ventures and Bertelsmann Digital Media Investments (BDMI) led the financing, with participation from World Wrestling Entertainment (WWE), Discovery Communications and existing investor Causeway Media Partners. “We want to partner with […]