Google will help fund up to $1 million in legal fees for some content creators on YouTube who have received copyright takedown notices. It will step in if it feels their material is considered to be fair use. However the Web giant admitted that only a handful of people have been chosen to benefit from […]
Edge Investments, a creative industries investor, has raised a new £40 million (€57m) fund, with UK Government support, to invest in high growth companies in the creative industries. Edge’s new Edge Creative Enterprise Fund brings together private sector funding from leading institutions and high net worth individuals, with a significant investment from the Government’s British […]
The BBC has divulged details of how it plans to save £150 million (€214m) to address a shortfall in funding. It blames the shortfall largely on more people use BBC iPlayer catch-up TV without a licence. The Corporation says it has welcomed the Government’s firm commitment to close this loophole, and will continue to urge Ministers to legislate as […]
David Abraham, Chief Executive of UK public service broadcaster Channel Four, has warned of potentially “utterly devastating” effects on the British creative sector if mooted funding models for the publicly-owned Corporation were to result in ownership passing to international broadcasting interests or ‘asset strippers’. UK Prime Minister David Cameron confirmed on November 4 that the […]
Independent research has shown that the vast majority of people agree that the range of services the BBC provides for the licence fee is either about right or it should provide more, according to findings published by the BBC Trust in further evidence as part of Charter review. In the Trust’s public consultation with almost […]
November 12th saw Vivendi chairman Vincent Bolloré address Canal Plus’s staff in Paris. The meeting was reported by Reuters in French and addressed in detail by equity analysts at investment bank Exane/BNP-Paribas. It seems Bolloré was blunt in his assessment of Canal’s current woes, not least the threats from rival broadcast groups including beIN Sport […]
UK TV viewers have labelled proposals to introduce new charges to transmit free-to-air public service broadcaster ITV, Channel 4 and Channel 5 programmes over pay-TV networks a new TV tax and a “rip off”, according to a new survey. In a survey into the proposed charges commissioned by UK quad-play operator Virgin Media, 73 per […]
VideoAmp, a screen optimisation platform for the TV and video ecosystem, has announced a $15 million (€13.9m) Series A funding round led by RTL Group, the European entertainment network. This investment brings VideoAmp’s total funding to $17.2 million and will help the company rapidly accelerate development and drive adoption of its unique platform. “Video consumption […]
India’s government has approved raising the limit on inward foreign investment in its media sector. The limits, for direct investment in news and current affairs TV channels, rise from 26 per cent to 49 per cent. However, for direct investments by foreign entities in broadcast distribution outfits, including MSOs and local cable operators, as well […]
UK Prime Minister David Cameron has confirmed that the government is looking at all options to secure the financial future of the public service broadcaster Channel 4, including a private sector sale. Asked during Prime Minister’s Question Time by John Nicolson, Shadow Scottish Nationalist Party Spokesperson on Culture, Media and Sport, to confirm that the […]