Netflix says it will pump 900 million Rand (€56.4 million) into South African movie and series productions over the next two years. This commitment will cover just four productions; One is an international project and three are mainly for local consumption although will be showcased to a wider market – and all will be filmed […]

The BBC has received £4.1 million (€4.9m) emergency government funding to support independent and impartial journalism in Russia and Ukraine. BBC Director-General, Tim Davie, commented: “I am hugely proud of our coverage and the bravery and resilience of our colleagues reporting this difficult and complex story, day in, day out. This additional funding from the […]

Monterosa has raised £3.5m (€4.2m) of growth capital to accelerate development of its real-time engagement (RTE) platform and drive the company’s expansion into new global markets. The funding was led by 24Haymarket and included existing investor ACF Investors, plus a trio of new investors including Jeremy Darroch, former CEO and Executive Chair at Sky, Chris […]

CityFibre, the UK’s independent Full Fibre platform and carrier-neutral operator, has announced a further equity commitment of £300 million (€360m) from its existing shareholder, Mubadala Investment Company. This equity investment will support CityFibre’s accelerated growth plans and enable participation in Building Digital UK’s (BDUK) ‘Project Gigabit’ rural programme. Under the infrastructure vertical of the UAE–UK […]

Channel 4 and Motion Content Group have launched a multi-million pound fund to boost commissions from small and medium sized ethnically diverse-led production companies. The Channel 4 and Motion Content Group Diverse Indies Fund will be editorially overseen by Channel 4 Senior Commissioning Editor Vivienne Molokwu (picturd). For Motion Content Group (part of GroupM, WPP’s […]

Amagi, a global leader in cloud-based SaaS technology for broadcast and connected TV, has solidified its position as the most preferred media SaaS company with a new $95 million (€86.2m) funding round followed by a 108 per cent YoY growth in revenues. This financing round was led by Accel with participation from existing investors Norwest […]

ITV has announced it is investing in a partnership with European car marketplace carwow, in return for advertising inventory across ITV’s channels and the ITV Hub. Marking ITV’s first media for equity investment in 2022, the carwow deal follows four similar investments in 2021 via the programme. As part of the deal, ITV is acquiring […]

Prime Video has announced Prime Video Pathway, a multifaceted training initiative designed to open up access to jobs in the TV and film industry across the UK. Committing to spend £10 million (€11.9m) across three years, Prime Video has unveiled a flagship collaboration with one of the UK’s leading TV and film school, the National […]

Private Equity house, Key Capital Partners (KCP), has completed a minority investment into Jellyfish Pictures. Jellyfish provides animation, visual effects (VFX) and art department services to media corporations around the world. Clients include Disney+, Netflix, DreamWorks, Apple TV, HBO, Sky, BBC and Amazon. Jellyfish Pictures has worked on a slate of well-known productions such as […]

Canela Media, a digital media technology company, has announced the completion of an oversubscribed $32 million (€28.6m) Series A funding round. The investment was co-led by Acrew Capital and Angeles Investors with participation from Link Ventures, TEGNA Ventures and Samsung NEXT. BMO Harris Bank provided an additional $10 million of capital. In addition, existing investors […]