Isle of Media – the public, private partnership launched to market globally the Isle of Man’s media cluster and guide media ventures locating on the Isle of Man – has signed a cooperation agreement with Alex DeGroote of DeGroote Consulting, during MIPCOM, the world’s largest entertainment content trade show, to improve access to private equity […]
The Government and the BBC should agree a funding formula to restore free licences, according to the Digital, Culture, Media and Sport Committee of the UK House of Commons, which has called for free TV licences to be restored to those over the age of 75 who are not in receipt of Pension Credit. In […]
Connecting the UK to Fibre-to-the-Premises (FTTP) broadband by 2025 would deliver almost a £60 billion (€68bn) boost to UK productivity – an average of more than £1,700 per worker – by unlocking smarter ways of working, better public services and greater opportunities for the next-generation of home-grown businesses. The figures are featured in a new […]
A new law will ensure the nine million people in the UK living in blocks of flats aren’t left behind in the Government’s nationwide upgrade to gigabit speed broadband, Digital Secretary Nicky Morgan has confirmed. The measures will make it easier to install faster Internet connections in blocks of flats where landlords repeatedly ignore requests […]
South Africa’s government was due to make a special payment to the nation’s SABC public broadcaster on October 7th. The initial payment was expected to be a massive Rand 2.1 billion (about €126bn) in order to allay anxieties from staff and suppliers. There will be another R1.1 billion paid when SABC meets three remaining key […]
Zimbabwe, a nation that’s mired in corruption and by any normal measure is bankrupt, is looking for some $690 million (€632m) for its 2020 budget year in order to finance its media sector. Harare local newspaper, The Herald, is reporting that the cash is needed to ensure that citizens and international audiences receive news and […]
In the latest issue of Euromedia we look at the dawning of the era of D2C. It is, I suppose, the natural evolution of the stunning success of the era of SVoD as exemplified by the ‘world domination’ of Netflix. Netflix has achieved much: it has disintermediated traditional gatekeepers, it has changed viewing habits and […]
LeoSat is planning to girdle the planet with between 78-108 satellites, each equipped with laser-based connectivity for ultra-fast low-latency communications. But raising sufficient cash has proved to be a major challenge. LeoSat has Mark Rigolle as its CEO, and Rigolle has past expertise as CEO at SES-backed O3b and prior to that position he as […]
Ottawa-based satellite operator Telesat is to raise $500 million (US) of new debt, in Senior Notes due for repayment in 2027. The intention is to use the cash to pay off similar borrowings (but with an interest rate of 8.875 per cent) and with the new borrowing at lower rates. Telesat, in a statement, says […]
NextUp Comedy has smashed their crowdfunding target in just 10 days, with over £350k raised at the time of writing and seven days of fundraising left to go. So far, over 370 investors have – via Crowdcube – backed NextUp Comedy, hailed as the Netflix of UK Comedy, as part of their growth expansion. Luke […]