As part of long-term plans to support investment in fibre networks, UK comms regulator Ofcom has set out initial views on how to define geographic markets from 2021, when carrying out the next review of wholesale telecoms networks. By spring 2021, Ofcom plans to have regulation in place that varies by geographic area. To promote […]
More than £20 million (€22.5m) is being pumped into the UK’s thriving creative industries to help inspire and attract new talent, scale up existing businesses, boost skills and provide education. The package of support, announced by Creative Industries Minister Margot James during a visit to Dudley Technical College in the West Midlands, will help to […]
Sky has entered into legally binding commitments with Comcast Corporation that guarantee the continued operation and long term funding of an editorially-independent Sky News. These commitments extend the Post Offer Undertakings given by Sky and Comcast in May 2018 in which they committed to maintaining inflation-adjusted funding in Sky News, to maintain Sky’s HQ in […]
MTG has funded 11 fast-growing companies that it says bring strategic value to the Group’s owned and operated esports and online gaming businesses. This makes MTG one of the most active investors in the gaming sector, with a broad portfolio of content, tools and live experiences. • MTG has invested in 11 high-potential US and […]
The UK Media Landscape: M&A Index from digital analysis service Broadcast Intelligence reveals a stark increase in the rate of investments in the UK film and television media market over the last five years. The number of deals has increased by 136 per cent from 2013 to 2017, with a 10 per cent year-on-year increase […]
The loan, for the National Investment Bank of Norway, which has an average maturity of approximately 5 years after disbursement, will finance Nokia’s extensive research and development program focused on 5G activities in Europe in 2018-2020. The investment will especially concentrate on developing new 5G-related end-to-end product offerings for different business areas. 5G is the […]
Altice France is selling a group of investors a 49.99 per cent stake in SFR FTTH, a new fibre venture that will bring fibre to 5 million French premises. Allianz Capital Partners, AXA Investment Managers and Canadian investment firm Omers Infrastructure will acquire the stake for a total cash consideration of €1.8 billion, based on […]
Through its €2 million investment fund One Innovation, the TF1 Media Lab has acquired shares in smart video Franco-British start-up Synchronized, whose platform turns any TV or video content into an enriched and personalised experience. Synchronized joined TF1’s acceleration programme earlier in 2018 and was backed by the group’s team to make linear video more […]
The UK’s creative industries made a record contribution to the economy in 2017, smashing through the £100 billion (€112.74bn) mark, according to figures published by the Department for Digital, Media, Culture and Sport (DCMS). Its value of the creative industries to the UK is up from £94.8 billion in 2016 to £101.5 billion, and has […]
Streaming platform Rakuten TV, known in Spain as the Japanese Amazon, is changing its business model – with a massive capital injection – to compete head-on with the likes of Netflix and HBO. Rakuten TV will now rely on new movies and pay-per-view content to reverse its losses and try to gain market share. CEO […]