Barclays Corporate Banking is doubling its SVoD fund to support UK TV producers to £200 million (€224m). The £100 million fund was launched in March 2017 in response to the rapidly evolving TV production landscape, with the rise of subscription services such as Netflix and Amazon Prime Video changing the way that original programming is […]
A multi-million-pound deal by satellite operator Eutelsat Communications and aerospace manufacturer Airbus Defence and Space for two new communication satellites will see components and major parts assembled in the UK before final assembly is completed in Toulouse, France. The deal is seen as a huge vote of confidence in the UK expertise in the space […]
Reflecting the trend for sports media companies to invest in the interface platforms they need to drive engagement, subscriber aggregation and monetisation, cross-platform app software development specialist You.i TV has announced the closing of $23 million (€26.35m) in growth capital, led by Causeway Media Partners, an investment fund focused on sports media, sports technology, and […]
Mobile telco Three UK has completed a number of key steps in its network improvement programme, as part of a wider £2 billion+ (€2.29bn+) infrastructure investment, in preparation for the advent of 5G. Three says that 5G technology will provide the capacity to meet the anticipated future demand for data, with UK consumers expected to […]
Hyperoptic, the UK’s largest gigabit broadband provider, has signed a deal for a significant equity raise with Mubadala Investment Company (Mubadala), the investment arm of the Government of Abu Dhabi, with assets under management of $225 billion. On closing of the transaction, Mubadala will acquire a minority stake in the Company and Mounir Barakat, Executive […]
Following the rapid expansion of UKTV’s technology division and the team responsible for VoD service UKTV Play, the broadcaster has unveiled plans to open a regional office in Leeds. The technology innovation hub will initially house a team of up to 10 specialists, tasked with enhancing the broadcaster’s content distribution capabilities. News of the Leeds […]
Alex Mahon, Chief Executive of UK Public Service Broadcaster Channel 4, and the Channel 4 Board have confirmed that Leeds will be the location of its new National HQ and Bristol and Glasgow will be the locations of its two new Creative Hubs. Channel 4 announced its 4 All the UK strategy in March 2018, […]
The UK Government is to give rural areas a £200 million funding package as part of its full-fibre broadband pledge. The money – announced by Chancellor of the Exchequer Philip Hammond as part of his Budget measures – has been allocated from the National Productivity Infrastructure Fund and is intended as a stimulus for companies […]
Tens of thousands more new-build homes could be in line for a broadband boost after Openreach, the UK’s digital network business, is to reduce the price it charges developers for its future-proof Fibre-to-the-Premises (FTTP) technology by more than three quarters. The new pricing means UK house builders will pay just a fraction of the current […]
The 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 – is adding three world-class media professionals to its Advisory Panel. The Panel drives the direction and strategy of the Isle of Man media hub and helps […]