Whistle Sports, a digital sports media content company and community focused on serving young millennial fans globally, has announced a Series C with funding from TEGNA, NBC Sports Ventures, Sky and Emil Capital. Whistle Sports brings together 400 digital and social media sports stars and creates cross-platform content with them that is actively shared and […]
Sky Italia could invest nearly €7 billion in Italy, but is seeking a market “with clear, certain and equal rules for all”, according to CEO Andrea Zappia. In an interview for Italian daily “La Repubblica”, he said that the pay-TV operator plans to double the number of local productions and that Italy “could become a […]
Pan-European broadcaster Sky is continuing its strategy of backing US technology and OTT players with a $6 million (€5.47m) investment in fuboTV, a US-based video streaming service that provides subscribers with a premium, over-the-top bundle of sports TV channels. This is part of fuboTV’s Series B round of funding, which has also seen Sky’s main […]
Augmented Reality and Virtual Reality investment reached $1.1 billion in the first two months of this year. This is the first time that AR/VR investment has topped a billion dollars in any year (let alone two months), and shows incredible growth compared to the $700 million invested during all of 2015 according to digi-capital.com. Nearly […]
Pan-European pay-TV operator Sky has formed a strategic partnership with iflix, a leading Southeast Asia streaming TV service. As part of the partnership, Sky is investing $45 million (€41m) in iflix and the parties will work together to identify areas of future collaboration across the high-growth emerging markets in which iflix operates. Currently available to […]
Charlotte Moore, Controller, BBC TV Channels and iPlayer, has delivered a strong defence of the Corporation’s programme making and dismissed a suggestion by Culture, Media and Sport Secretary John Whittingdale that it had become less distinctive. Speaking at an event hosted by BBC Director-General Tony Hall and Charlotte Moore for writers, actors, industry and media, […]
BBC News faces cuts of £80 million (€101m) over the next four years as the corporation looks to save £550 million a year by 2021-22. James Harding, the BBC’s head of news, warned staff that his “working assumption” about how much the new channel would be hit by the BBC’s cost-cutting proposals was about £80 […]
The CNMC’s decision to oblige Telefónica to share its FTTH networks at regulated prices with its competitors Vodafone and Orange across Spain will lead the dominant telco to cut by 20 per cent its FTTH investments and concentrate on those 66 cities out of the legal obligation. The watchdog CNMC has stated that in 66 […]
YouAppi, a specialist in data-driven mobile customer acquisition, has raised a $13.1 million Series B funding round. The following investors are participating in this round: Hawk Ventures, Global Brain, Click Ventures, Digital Future, Emery Capital, Altair Capital, and existing investors Glilot Capital Partners, 2B Angels and Flint Capital. This funding round marks a more than […]
A report from the UK House of Commons Culture, Media and Sport Committee on the BBC Charter review says the BBC is an “extraordinary national and global institution” with a “vast amount to contribute as an international standard of excellence in public service broadcasting”, but that in a fast-moving world it needs a radical overhaul of […]