VidMob, a platform for Intelligent Creative, has raised $110 million (€108.2m) in a Series D investment round led by Shamrock Capital, with participation from a group of new and existing investors. VidMob’s Intelligent Creative platform provides an end-to-end solution to help brands optimise the performance of their creative advertising assets by unifying data and analytics […]
Sky has announced the five winners of its Sky Zero Footprint Fund, a £2 million (€2.4m) advertising fund which uses the power of TV advertising to amplify business initiatives that are driving positive behavioural change for a more sustainable world. The campaign champions the adoption of tangible steps towards a sustainable future. The five winning […]
Broadband bills could be cut for millions of low-income households under UK Government plans to encourage ‘social tariffs’. A new service, which will be run by the Department for Work and Pensions (DWP), will allow Internet service providers to verify – with customers’ permission – whether they are in receipt of a relevant benefit and […]
The FCC has turned down Elon Musk’s SpaceX request for an $886 million (€860m) grant as part of the US government’s massive $20.4 billion rural broadband subsidy scheme. The FCC had previously awarded the sum back in 2020, but that move has now been rejected. In a statement, the FCC said the FCC said that […]
Electric Entertainment, the Los Angeles-based production and distribution company, has announced the closing of a $100 million (€96.7m) loan credit facility with Bank of America. The five-year agreement will be initially used for Electric’s expanding production slate that includes Leverage: Redemption, The Ark, and Almost Paradise, among other programmes. The announcement was made by Dean […]
Elon Musk-backed SpaceX has raised an additional $250 million (€245.5m) in an equity round during July. The extra cash means that SpaceX has raised some $2 billion this year. CNBC, in a May report, says that the cash then raised puts a value on SpaceX of more than $127 billion. It is also suggested that […]
MUSO, a London-based data company that provides a complete and trusted view of global piracy and unlicensed media consumption, has received a £3.2 million (€3.8m) investment from Puma Private Equity, a provider of growth capital to small and medium-sized enterprises (SME) across all sectors and regions of the UK. MUSO has seen a 25 per […]
Members of the French Senate, the country’s upper legislative chamber, have approved government legislation abolishing the country’s TV licence fee. The house voted in favour of the legislation 196 votes to 147. The move follows a July vote in the lower house. The decision to axe the fee follows an election promise by President Emmanuel […]
Fitch Ratings has affirmed UK transmission company Arqiva and its Arqiva Financing and Arqiva PP Financing plc’s whole business securitisation bonds at ‘BBB’. It has also affirmed Arqiva Broadcast Finance plc’s high-yield (HY) bonds at ‘B-‘. The Outlooks are Stable, says Fitch. Arqiva enjoys long-term RPI-linked contracts and a monopoly in terrestrial television and radio […]
Universities and telecoms firms have been invited to apply for up to £25 million (€29.5m) to research and develop the next generation of 5G and 6G network equipment as part of new UK government plans to unleash innovation in the sector. The Future Open Networks Research Challenge will enable academics and the industry to conduct […]