Advanced Television

Funding

Isle of Man set for broadcast media boost

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 […]

September 15, 2016By Colin Mann

Time Warner funding for You.i TV

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 […]

September 14, 2016

V-Nova boost for Eutelsat HD/UHD transition

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 […]

September 12, 2016Colin Mann @ IBC

Fox backs Clarkson’s DriveTribe

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’ […]

September 7, 2016

SpaceX-Amos-Facebook disaster will be costly

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 […]

September 5, 2016By Chris Forrester

Sky invests in Molotov

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 […]

September 2, 2016

HTC backs VR studio

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 […]

September 2, 2016

Vice’s Smith ‘digital media crisis coming’

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,” […]

August 25, 2016

Crowd-funded VR 4K satellite close to launch

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 […]

August 23, 2016By Chris Forrester

FloSports announces $21.2m funding

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 […]

August 17, 2016