Liberty Global is partnering with renowned technology accelerator Techstars to launch Virgin Media Accelerator powered by Techstars, a new programme to support innovative digital start-ups. Virgin Media Accelerator is a three-month mentoring programme supporting companies working on innovative ideas relating to the digital world. The launch of this initiative further extends Liberty Global’s support of […]
UK Culture Secretary John Whittingdale has confirmed that the level of the BBC licence fee is a matter to be decided by the ongoing BBC Charter Review, with the Government’s agreement in July 2015 for the £145.50 licence fee to increase in line with inflation “not a licence fee settlement”. The deal was in exchange […]
Digital video distribution and monetisation network Rightster has commenced a formal strategic review of the options open to the Company to maximise value for Rightster shareholders. The strategic review will be wide-ranging and the Rightster Board will consider all strategic options available to the Group including a strategic partnership, acquisition(s) to increase the scale of […]
Liberty Global and the global venture capital firm, e.ventures, have invested £7 million (€9.45m) in Bigballs Media, the digital production company and owner of football-based YouTube channel Copa90. The deal gives Liberty a 14 per cent stake in the business and values Bigballs Media at £50 million. It also gives Liberty the option to increase […]
Orange Digital Ventures is participating in the funding of Afrostream, a SVoD of African, African-American and African-Caribbean films and television series, alongside TheFamily, Cross Culture Ventures I L.P. and ACE & Company. Through its corporate fund, Orange will enable Afrostream to accelerate the development of its service in Europe, Africa, the Caribbean and South America. […]
India’s fast growing – and US-backed – pay-TV broadcaster Videocon d2h say it intends investing as much as $1 billion (€0.89bn) over the next 5 years to boost its position in the Indian market. Videocon Group chairman Venugopal Dhoot says the company’s $325 million share placing received positive response in the US, leading to greater […]
Vivendi and Canal+ are stepping up their role as a major player in the financing and development of the French and international movie industry, in which it already invests close to €800 million per year. Vivendi will take a 30 per cent stake in Mars Films, a French leader in the production and distribution of […]
London ad-tech company wayve has received seed capital from Mercia Fund Management. The 360 degree advertising platform, which works across all channels including mobile, desktop and digital outdoor, has received £300,000 (€408,000) seed investment that will be used to implement and extend its expansion strategy. wayve provides a unique solution to the issues of cross-platform […]
The crisis facing America’s satellite construction industry seems to be growing ever-more serious. Both Boeing and Lockheed Martin claim to have lost direct orders for new satellites because of their inability to obtain supporting finance from the US Export-Import Bank. The bank has had its operations curtailed by the US government. Now Washington-based Orbital ATK […]
Expway Secures $3.3 Million in Funding Company to Intensify Expansion in Response to Growing Multicast Market Expway, the leading provider of LTE (Long Term Evolution) Multicast Middleware and BM-SC, today announced that it has closed a $3.3 million financing round with a new investor Isatis Capital. This new funding will accelerate Expway’s continued global expansion […]