Sky Media has announced the return of an expanded Sky Zero Footprint Fund for 2025. After taking a year off to refine the initiative, the fund is back with a new format and renewed commitment to drive change for a better planet through the power of advertising. Once again, Sky Media, the advertising arm of […]

It’s not been a good month for European satellite operators. Recent weeks have seen Paris-based Eutelsat suffer negative comments and a much-depressed share price. Now it is Luxembourg’s SES which is hurting. Ratings agency Moody’s cut its outlook on SES to “negative” (from “stable”) and that the operator’s long-term debt (rated Baa3) would be “under […]

Official film and high-end TV (HETV) production statistics from the British Film Institute (BFI) show that production in the UK continues to generate billions for the UK economy. Recovering from the global impact of 2023’s US SAG-AFTRA and WGA strikes, inward investment spend in the UK generated by film and HETV production during 2024 reached […]

StackAdapt, the AI-powered programmatic advertising platform, has announced a $235 million (€226.4m) equity funding round. Led by Teachers’ Venture Growth (TVG), the investment arm of the Ontario Teachers’ Pension Plan, the round also saw participation from Intrepid Growth Partners and four other investors. This funding values StackAdapt at approximately $2.5 billion, with annual revenues of […]

Largo.ai, the AI-driven analytics platform for the film, TV and advertising industries, has secured $7.5 million (€7.2m) funding with Hollywood actor Sylvester Stallone among the new backers. Co-led by Los Angeles-based TI Capital and Switzerland and Los Angeles-based QBIT Capital, the ‘A’ funding round participants include Boston’s Atreides Management, former Vice Chairman and Chief Operating […]

EnSilica, a chip maker of mixed signal ASICs (Application Specific Integrated Circuits), has been awarded £10.38 million (€12.4m) funding over the next three years from the UK Space Agency for a development project under its Connectivity in Low Earth Orbit (C-LEO) programme. EnSilica put forward in its application a business case supported by letters of […]

Three UK House of Commons Select Committees – the Culture, Media and Sport, Foreign Affairs and International Development Committees – have called on the Government to sufficiently resource the BBC World Service so that it is less reliant on the licence fee and short-term funding cycles. The letter calls on the Foreign, Commonwealth and Development […]

Canal+ Group has threatened to reduce its €220 million annual movie investment in France in light of the fresh windowing agreement between Disney+ and the industry. “This offer is no longer on the table today. From my point of view, it will necessarily drop, the question is by how much,” stated CEO Maxime Saada, at […]

The UK government has invested £20 million (€23.8m) for an equity stake in Orbex Space, a start-up rocket launcher. This current round of fund-raising (the ‘D’ round) has also seen cash put up by Denmark’s EIFO fund, as well as Octopus Ventures and others. The UK cash comes from its Department for Science, Innovation & […]

The European Investment Bank’s global arm, EIB Global, has signed a €125 million loan agreement with satellite operator SES to fund three satellites of its second-generation medium Earth orbit (MEO) system O3b mPOWER. SES has already launched eight of 13 O3b mPOWER satellites, which operate 8,000 kms away from the Earth, delivering high throughput and […]