Charlotte Moore, BBC Chief Content Officer, has announced the launch of a fund specifically targeted at the audio Independent Production Community. The Radio Indie Development Fund will see £250,000 annually allocated to back talented independent production companies, specifically supporting the BBC’s strategic priorities, with a current focus on its Across the UK plans and ambitious […]
More than half a million more rural homes and businesses will be given access to better broadband as part of plans to level up the country with improved Internet connectivity, UK Digital Secretary Nadine Dorries has announced. An estimated 567,000 hard-to-reach premises across the English counties of Cheshire, Devon, Dorset, Somerset, Essex, Herefordshire, Gloucestershire, Lincolnshire, […]
Spain’s Ministerio de Asuntos Económicos y Transformación Digital (Ministry of Economy) has awarded the country’s largest telco, Telefónica, with €200 million public funds to extend FTTH to all rural areas in the country at a speed of over 100 Mbps. This means Telefónica has taken 80 per cent of the planned €250 million public aid […]
Viakoo, a specialist in IoT device remediation, has secured $10 million (€8.59m) in Series A funding led by Shasta Ventures, joining existing investors Stanley Black & Decker, PivotNorth Capital, and BlueFog Capital. This latest round will be used to expand executive leadership, and investment in product development and go-to-market. The company is also launching its […]
StarTimes’ Ghanaian operation says it will invest more than $1 million in covering local football matches this winter. StarTimes Ghana was last season’s (2020-2021) football official broadcast rights holder, and extends that relationship with the Ghana Football Assoc. for this winter’s coverage. The broadcaster says that fans can now look forward to even better television […]
Airband, the broadband provider for rural homes and businesses across the West of England, has successfully closed a significant £100 million (€118.3m) debt package from an international banking consortium including HSBC, Lloyds, Nord LB and Sabadell. The debt facility enables Airband to accelerate its rollout plan with the view to service 600,000 premises with full […]
Veteran TV executive Lord (Michael) Grade, a former chief executive of Channel 4, is reported to be considering a bid for the UK public service broadcaster, which has effectively been put up for sale by the government. He has also served as chairman of the BBC and executive chairman of ITV. Grade is chairman of […]
Innovid, an independent connected TV (CTV) advertising delivery and measurement platform, and ION Acquisition, a special purpose acquisition company, have announced an additional $50 million (€42.9m) private placement of common stock (PIPE) from a group of existing PIPE investors adding to initial commitments on the same terms as the initial PIPE financing in their business […]
This Is Music 2021, the annual report from UK Music, which represents the collective interests of the production side of UK’s commercial music industry, reveals the devastating impact of Covid-19, which wiped out 69,000 jobs – one in three of the total workforce. Launching the report, UK Music called on the Government to introduce tax […]
Asia Satellite Telecommunications Company Limited (AsiaSat), the Asia satellite solutions provider, has acquired a strategic stake in One Click Go Live, a company incorporated in Hong Kong and specialised in video live streaming services and solutions. “I am excited to announce a strategic investment in One Click Go Live, which will be an excellent complement to […]