UK-based Isotropic Systems designs and manufacturers antennas for high-throughput satellites including low Earth orbiting satellite constellations. It has just raised a further $40 million (€33m) in funding from a series of investors including SES and Boeing. What’s key, however, is that Isotropic’s equipment can handle signals from a variety of satellites. It is also suitable […]

February 8th was when London-based speciality satellite operator Avanti Communications needed to refinance its $145 million debt (Super Senior Facility/SSF) or extend the period of borrowing which it has achieved, at least by a week. In a statement on February 8th, Avanti said: “Today the Company announces that it has agreed on the headline terms […]

The BBC has set out how it has transformed its finances over the past decade to ensure it continues to deliver exceptional value for all audiences. The Corporation has faced an effective real-terms reduction in income of around 30 per cent since 2010/11 as a result of increased funding obligations, such as the World Service […]

STARZPLAY, the MENA SVoD service, received its first independent debt financing in the region of $25 million (€20.7m) from Abu Dhabi based Ruya Partners. The funds, secured on the basis of STARZPLAY’s financial strength and performance, will be used towards further strengthening STARZPLAY’s geographic and customer reach, acquiring and producing original content, and maximising long-term […]

Comparison site Compare Fibre reports that 57.4 per cent of lower-income households in the UK (some 7.1 million people) have not taken up, and are unaware of the help on offer to assist with maintaining connectivity under the lockdown. This includes: Free Wi-Fi vouchers to 5 million hotspots are available through the BT website. You […]

Global media intelligence consultancy, K7 Media, has released a report surrounding the rapidly evolving area of brand-funded programming. Titled Brand Funded Programming: Why it Matters Now, the report shines a light on the way in which the pandemic has swiftly accelerated a change in attitudes, making brand funded content a necessity for many cash-strapped broadcasters. […]

OneWeb, now out of bankruptcy, has raised $400 million (€330m) in fresh financing. Two existing – and former investors – have pitched in with the cash; $350 million comes from Japanese media giant SoftBank and an extra $50 million from Hughes Networks Systems. SoftBank was a major early investor in OneWeb, although most of that […]

Spain’s regulatory body CNMC has demanded that TV and streaming influencers be classified as “Audiovisual Services Providers through video exchange platforms” in the new TV law, set to be approved over the coming weeks. CNMC´s aim is that the streaming platforms used by influencers – such as YouTube, TikTok, Instagram TV and Twice – are […]

Eutelsat has taken an 8-year loan of €200 million from the European Investment Bank (EIB) to help fund the roll-out of its high-speed broadband services. Eutelsat will use the cash on its Konnect VHTS (Very High Throughput Satellite) programme. Eutelsat says: Konnect VHTS is an advanced satellite providing unprecedented upload and download speed capacity for […]

The DTG (Digital TV Group) the centre of UK digital TV, in partnership with Digital Catapult, Global Wireless Solutions, O2, Rohde & Schwarz, have successfully secured Government funding to develop a 5G mobile based platform to broadcast events in stadiums and other venues. DTG and partners plan to provide enhanced interactive viewing experiences direct to […]