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Press Association invests in Wochit

PA Group – the parent company of the Press Association (PA), the national news agency for the UK and Ireland – has made a strategic investment in the social video…

VR company Spaces raises additional $6.5m

Spaces, the virtual reality and mixed reality company launched in 2016 by VR pioneers from DreamWorks Animation, has raised an additional $6.5 million (€6.1m) in funding, led by China-based Songcheng…

ProSiebenSat.1, TF1, Mediaset in digital media alliance

German commercial broadcaster ProSiebenSat.1 Group is continuing to internationalise its online video business and is building up a strategic partnership with its European media partners TF1 Group (France) and Mediaset…

BBC WW, Access, Lookout Point production partnership

BBC Worldwide, Access Entertainment and Lookout Point are undertaking an initiative to fast-track production of premium quality scripted drama for television audiences around the world. The partners intend to offer…

EC court action over Spain’s DTT aid

EC court action over Spain’s DTT aid

The European Commission is referring Spain to the Court of Justice under Article 108(2) of the Treaty on the Functioning of the European Union (TFEU). The move follows Spain’s failure…

£440m broadband boost for UK

£440m broadband boost for UK

A £440 million (€521m) windfall will help up to 600,000 extra homes and businesses get superfast broadband under the UK Government’s flagship rollout scheme. Funding has been unlocked to give…

OneWeb raises $1.2bn for satellite constellation

OneWeb raises $1.2bn for satellite constellation

Channel Islands-based OneWeb has raised $1.2 billion (€1.14bn) from Japan’s Softbank in a new funding round. OneWeb is planning to build a super-constellation of 640 broadband and data satellites to…

Report: 29% favour scrapping BBC licence fee

A study conducted ahead of the Parliamentary debate about the BBC’s Royal Charter reveals the British public’s attitude towards the BBC, particularly the licence fee. The study, by research and…

Liberty Media wins F1 deal investment

Liberty Media wins F1 deal investment

Liberty Media Corporation has entered into agreements with certain third party investors to commit $1.55 billion (€1.46bn) in subscriptions for newly issued shares of its Series C Liberty Media common…

Emerald leads $35m round in Amagi

Emerald Media, the Pan-Asia company backed by leading global investment firm KKR has acquired a significant minority stake in Amagi Media Labs, a specialist in targeted TV advertising and cloud-based…

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