All Raise, a VC fund to focus on women’s equality, has this week raised $11 million toward a target of $15 million from backers including Pivotal Ventures, the investment firm of Melinda Gates; the Reid Hoffman Foundation; and GGV Capital. The money will fund expansion plans for the next three years, said Pam Kostka, All […]
fuboTV, the sports-first live TV streaming platform in the US, has acquired Balto Sports, marking the company’s first move into the online sports wagering market. Terms were not revealed. David Gandler, co-founder and CEO, fuboTV, commented: “As we said in our third quarter earnings announcement last month, fuboTV sees the online wagering space as complementary […]
Florida viewers in the nation’s 12th largest TV market will get a taste of the future as local TV stations band together to launch ATSC 3.0 digital television standard NEXTGEN TV along the gulf coast. “Watching in NEXTGEN TV allows a viewer to be immersed in stunning video with brilliant colour, sharper images and deeper […]
ThinkAnalytics has appointed Sky veteran and data and analytics expert Tony Mooney as SVP, Advertising. Mooney will head up the firm’s ThinkAdvertising business, helping pay-TV and OTT providers maximize their ad inventory across broadcast and streamed TV and generate new revenue streams from advertisers running hyper-targeted campaigns. From 2010 to 2017, Mooney was Managing Director, […]
Independent animation studio, Aardman, and global video game developer and publisher, Bandai Namco Entertainment Europe join forces to develop a brand new IP, driven by a “shared vision on the future of entertainment”. The collaboration’s first major project exists across multiple media, and the team will be approaching partners in early 2021 with the development […]
Veset, an SaaS linear channel management platform provider, has announced a significant equity investment from PLAY. PLAY is the leading media technology company in Japan and a subsidiary of Nippon TV. PLAY is focused on digital transformation in the media and entertainment industry by developing and offering innovative video distribution services. PLAY has integrated Veset’s […]
Investment bank JP Morgan has issued strong “Overweight” advice on some US cable operators to its clients. The bank says that there’s a “spectrum of opportunity” for the pay-TV and broadband businesses. In particular, it cites Charter as warranting an “Overweight” rating and recognising the cable operator’s strength in broadband. The company is given a […]
Digital UK, the joint venture which leads the operations and strategy of UK DTT platform and Freeview service, has confirmed that broadcast network infrastructure and transmission services provider Arqiva will stand down as a shareholder in the Company from March 2021. The remaining shareholders – the BBC, ITV and Channel 4 – will now have […]
Satellite operator Intelsat has completed its acquisition of the Commercial Aviation business of Gogo, which it says creates the world’s leading provider of inflight broadband connectivity to the commercial aviation industry. The closing of the $400 million cash deal brings together two complementary enterprises — the world’s largest satellite operator with the leading provider of […]
RTL Group has agreed in principle with its co-shareholders in the Group’s Belgian TV and radio operations to acquire their shares in RTL Belgium against a payment in cash and RTL Group treasury shares. This will take RTL Group’s shareholding in RTL Belgium to 100 per cent. Currently, RTL Group is already the controlling shareholder […]