DirecTV is raising $3.1 billion (€2.6bn) of so-called ‘junk bonds’ (Senior Secured Notes) to help in its split from AT&T, according to an announcement from AT&T. The offer is for a 6-year period and the bonds will be priced on July 22nd and will come from DirecTV Entertainment Holdings. The cash will be used to […]
OTT and edge computing specialist Redge Technologies and Polish private venture capital fund RKKVC have invested 2 million Zloty (€436,000) in Vestigit, a Polish start-up originating from Wrocław University of Science and Technology which has developed proprietary technology that it says improves security of video online. Vestigit’s solution applies a unique watermark to content, reducing […]
OnePlan has raised $3.8 million (€3.2m) in Series A financing from investors in the UK and US. The two-year-old startup streamlines the design and production process through a selection of 2D, 3D, satellite and aerial maps, providing real-time collaboration. For venue owners, it unlocks operational and commercial benefits through a hyper-realistic, fly-through Venue Twin of […]
In a move better to leverage its location fraud detection technology, fraud prevention and cybersecurity solutions provider GeoComply Solutions has consolidated its iGaming, streaming media and fintech businesses under one brand, GeoComply. Prior to consolidation, its media and fintech businesses were managed under the GeoGuard brand. GeoGuard will continue as a product name for GeoComply’s […]
Orange Ventures, French telco Orange’s venture capital investment subsidiary, is investing in media company Brut., as one of the main investors in a series C funding round of $75 million (€63m). This new funding will help Brut to further its international ambitions. Brut is a global media brand that creates digital video content for those […]
Bharti Global has invested an extra $500 million (€420.5m) into satellite constellation OneWeb. It means that the business is fully funded at $2.4 billion. The extra cash from Bharti means that it now owns 38.6 per cent of the business. The other key investors, Eutelsat, the UK government and Softbank, are each holding 19.3 per […]
Channel 4’s Indie Growth Fund has taken a minority stake in the Manchester-based indie Salamanda Media. Salamanda Media, which specialises in factual entertainment, talent-led factual and formats, is run by Sally Evans and Amanda De Freitas, who between them have more than 30 years’ experience in the industry, and a track record in developing and […]
Digital Catapult, the UK’s leading agency for the early adoption of advanced digital technologies, is joining forces with comms regulator Ofcom to launch a new high-tech lab to speed up the development of 5G communication kit and help Britain diversify its supply chains. The government-backed £1 million (€0.84m) SONIC Labs will help accelerate the adoption […]
The Board of Directors of the Export-Import Bank of the United States (EXIM) has unanimously approved $80.7 million (€71.2m) in financing for Spanish satellite operator Hispasat. This transaction will finance launch services and also launch and initial in-orbit insurance of Amazonas Nexus, scheduled for launch in 2022 on a SpaceX rocket. The transaction is the […]
Satellite operator SES has borrowed €150 million by way of new 1.625 per cent Notes. While the sum involved is modest by usual standards, CFO Sandeep Jalan says it further strengthens the operator’s liquidity and “at the lowest yield ever achieved by SES. The successful conclusion of this bond offering reflects the market’s view of […]