Researchers at Analysys Mason (AM) says the gaming sector will see more direct activity from major telcos. AM predicts that 2022 will see operators diversifying their strategies to try and capture a slice of the $180 billion being generated by gaming businesses. Martin Scott, lead analyst for AM’s media and pay-TV research division believes that […]
The CEOs of 13 major European telcos have issued a joint Statement calling on EU policymakers to align closely Europe’s digital ambitions with a supportive policy and regulatory ecosystem, suggesting that ‘big tech’ platforms also contribute fairly to network costs. The Statement (below) was issued by ETNO, European Telecommunications Network Operators’ Association, which represents Europe’s […]
Global cloud gaming provider Antstream Arcade has successfully closed an external financing round of $3.5million (€31.m) led by the Atari Group. This latest funding brings Antstream Arcade’s total investment received to over $20 million. Investors also include Chinese gaming and social giant Tencent and London-based venture firm Hambro Perks. Founded in 2013, Antstream Arcade offers […]
Chinese Group Orient Hontai is set to increase its share of in Spanish TV group Mediapro to 76 per cent in exchange for a €620 million injection to save the group from bankruptcy. Some €150 million will be paid immediately through subordinated debt. The additional €470 million will then be approved by a shareholding meeting […]
Contents Lab. Blue has raised KRW 10 billion (€7.4m) in Series A funding from Korea Investment Partners, Kona Venture Partners, We Ventures, Crit Ventures and Dae Gyeong Investment, following KRW 3 billion in pre-A investment from Kona Venture Partners last January. With this funding round, the Company has secured total investment of KRW 13 billion. […]
Struum, the SVoD service created by senior-level Disney and Discovery executives, and backed by an initial multi-million-dollar investment from former Disney CEO Michael Eisner through his Tornante Company, has finalised its Series A funding round led by Canadian-based media and content company Corus Entertainment. The $7 million (€6.4m) round also includes Gaingels, the leading investment […]
US DTH operator Dish Network is to raise $4 billion (€3.45bn) in senior secured notes. The cash-raising is being conducted through its Dish DBS Corporation sister company and will be used to fund an inter-company loan to Dish Network in order to finance the potential purchase of wireless spectrum licences. The news comes on top […]
Marquee TV, the specialist streaming service for arts and culture, has received £6.7 million (€7.8m) in a Series A funding round to accelerate the upgrade and global rollout of its platform. Investment from Dutch-based United Group, a provider of television and media services in Southeast Europe, and leading international media company Viasat World, will be […]
Bray Film Studios has announced its proposal for a major new development that will see the next phase of expansion of its historic film studios, with plans for new state-of-the-art studio facilities. The continued revitalisation of this iconic British film brand will see the studios returning to their former glory as a premiere shooting destination, […]
The BBC licence fee is expected to be frozen. Households will continue to pay £159 (€137) per year to fund the broadcaster’s television, radio and online content, in a bid to to help families hit hard by the rising cost of living brought on by the energy crisis and Brexit. Negotiations between the corporation and […]