Livingbridge, the mid-market private equity investors, has announced the sale of disguise, a global player in Extended Reality (xR) technology, to The Carlyle Group. Terms of the transaction were not disclosed. Founded in 2000, disguise is a technology platform which enables creatives and technologists to imagine, create and deliver spectacular visual experiences. The platform combines […]
Multichannel broadcster UKTV – owned by BBC Studios – has invested in luxury watch comparison website start-up TIME-TO-FIND, using its multi-million pound investment fund, UKTV Ventures. The partnership comprises an ‘airtime-for-equity’ agreement which will see TIME-TO-FIND launch its first ever TV advertising campaign on UKTV’s seven channels – Alibi, Dave, Drama, Eden, Gold, W, and […]
Giant cinema screen operator IMAX has benefitted from strong box office receipts across Asia and with encouraging signs that the upcoming slate of Hollywood blockbusters will see an enthusiastic response from China. IMAX installed 71 cinema systems and signed agreements for 65 extra systems for the full year, and saying that this demonstrated continued partner […]
The Richard Branson-backed Virgin Galactic space tourism business is facing more than a few fundamental changes. First up, it is losing its former CEO George Whitesides who changed to Chief Space Officer in July last year, and is now stepping aside but remains of the company’s advisory board. He had been in post since 2010. […]
A new unit set up to tackle intellectual property fraud in the north west of England has already seized £1.7 million (€1.98m) worth of fake goods, including clothes, electricals and fireworks. The City of London Police, the lead force for fraud, has partnered with the Intellectual Property Office (IPO)and the North West Regional Organised Crime […]
Julian Knight, Chair of the UK parliament’s Digital, Culture, Media and Sport Committee, has criticised the Government for its failure to answer questions on how it intends to deliver on its revised-down broadband targets and the roll-out of 5G. In a Report, Broadband and the road to 5G, MPs had warned that Ministers risked failing […]
The $1.8 billion legal claim by SES on Intelsat concerning the SES claim on the split of FCC’s C-band incentive payments rumbles on, but with some tough comments from an SES submission to Intelsat’s bankruptcy court. SES filed its further motion with Intelsat’s bankruptcy court on March 3rd and wants the court to determine which […]
Susan Wojcicki, YouTube’s chief executive, has said the video-sharing platform may lift Donald Trump’s suspension, if the threat of “real-world violence” decreases. Wojcicki said the Google-owned company will look at government warnings and violent rhetoric to determine when it’s safe to lift the suspension. Trump’s YouTube account has been suspended following the Capitol Hill riot […]
Findings from a survey conducted by creative platform Genero suggest that Covid-19 has accelerated an industry shift towards freelancing and independent work and highlighted some key challenges for creative production. The report, The Impact of COVID-19 on the Global Creative Industry, shares first-hand from creative talent around the world about the impact Covid-19 has had […]
Canadian satellite operator Telesat has announced its financial results for the three-month and one-year periods ended December 31st 2020 For the year, Telesat reported consolidated revenue of C$820million (€541m), a decrease of 10 per cent (C$90million) compared to the same period in 2019. When adjusted for changes in foreign exchange rates, revenue decreased 10 per […]