Content protection and data-analytics solutions specialist MUSO has raised £2.5 million (€2.8m) in Series A funding from Harwell Capital. The investment will be used to expand the company’s current capabilities around sales and marketing, as well as bolster its technology and operations infrastructure and support. While most anti-piracy technology providers focus on content protection and […]
Pan-European broadcaster Sky is taking a minority equity stake in video compression solutions provider V-Nova. The value of the investment is £4.5 million (€5.2m). In a stock market announcement on June 23rd, Sky said: “In accordance with Listing Rule 10.4.1, the Company advises that in 2015, Sky’s wholly-owned subsidiary, Sky Italia S.r.l, provided £4.5m of […]
Deutsche Telekom has indicated that an overall total of between €300 and €500 billion will be invested in deploying 5G in Europe. The 5G PPP is leading 5G research in Europe with €700 million of investments to be leveraged by a factor of 5 bringing total investment into the 5G PPP to more than €4 […]
The Spanish Supreme Court has ruled that private pay-TV, FTA TV and telco operators must finance the public broadcaster RTVE via a government-imposed financial tax, rejecting various appeals against the law that was approved in 2009. The ruling is in line with the decision of the EU Court a year ago when it came to […]
Samba TV has raised $30 million (€26.85m) to develop its audience measurement and analytics from smart TV business. The B round was lead by Union Grove Venture Partners, other participants include Disney, Interpublic Group, MDC Ventures, Time Warner, and A+E Networks. “Samba is bringing unparalleled transparency into TV audiences through trusted insights and precise targeting […]
Dentsu Aegis Network has announced an agreement to invest in Gleam Futures, a global player in digital-first talent management. This strategic partnership will see the two companies work together to enhance Gleam Futures’ global offering and create key growth opportunities in new markets through Dentsu Aegis Network’s entertainment content division, The Story Lab. Founded in […]
Data-driven OTT intelligence specialist Conviva has announced a funding round of $40 million (€35.9m) from new and existing investors. The round included new investor Future Fund with participation from existing investors NEA (New Enterprise Associates), Foundation Capital, and Time Warner Investments. The funds will support the development of new products, sales and marketing acceleration, and […]
Ten Network Holdings Limited, the holding company for Australia’s Ten Network, is going in to voluntary administration. Such a move seemed inevitable following the withdrawal of backers of its debt, most notably Lachlan Murdoch. In a Statement, Ten Network Holdings Limited announced that Mr Mark Korda, Ms Jennifer Nettleton and Mr Jarrod Villani of Korda […]
According to Ken Hu, Rotating CEO and Deputy Chairman of the Board at ICT firm Huawei, Europe has a shortfall of €345 billion in the €500 billion investment needed to reach its 2025 connectivity goals of making speeds of over 30 Gbps available. Delivering the Opening Address at the Huawei European Innovation Day in London, […]
Asia Broadcast Satellite (ABS), majority owned by private equity investment company Permira since 2010, has been refinanced by Permira. ABS had been up for sale since May last year. Permira acquired ABS in 2010, paying about $242 million for the Hong Kong-based (but Bermuda headquartered) satellite operator. Its satellite operational base is at Subic Bay […]