Category archives for: Funding

Murdoch: I didn’t want TW deal debt

Rupert Murdoch has told his own Fox Business Network that he dropped his pursuit of Time Warner over concerns the deal would require his 21st Century Fox to take on too much debt load. Fox made an unsolicited $80 billion bid for Time Warner in July, the bid was rejected and dropped a month later. “I just felt with all […]

Fastly CDN raises $40m

Fastly, the content delivery network (CDN) engineered for the future, today announced that it has raised a $40 million round from previous investors August Capital, Battery Ventures, O’Reilly AlphaTech Ventures, and Amplify Partners, as well as new investor IDG Ventures. August Capital led the funding round. With the investment, Fastly plans to grow its team with key executive and engineering […]

Liberty helps fund Mediamorph

Mediamorph, the cross-platform Media and Entertainment data management and analytics firm, has raised $10 million in Series B financing led by new strategic investor Liberty Global Ventures. Liberty Global Ventures is a global investment fund owned by Liberty Global, the international cable company. Included in the round is a significant investment from Smedvig Capital, a current investor in Mediamorph. The […]

UK retrans fees to be reviewed

UK Culture Secretary Sajid Javid has revealed that the government is to review legislation that governs payment arrangements for carriage of BBC and other Public Service Broadcaster platforms. Delivering a keynote address at the RTS London Conference 2014, Javid said the government was going to look at whether the time is right to remove Section 73 of the Copyright, Design […]

£3.25bn bond boost for Sky Europe deal

British Sky Broadcasting Group has successfully priced £3.25 billion (equivalent) of Euro and US dollar denominated bonds. Proceeds from the bonds will be available to finance the acquisition of 100 per cent of Sky Italia and 57.4 per cent of Sky Deutschland, which was announced on July 25th 2014. The four tranches of bonds to be issued are: €1.5billion Senior […]

ITV calls for fair deal on retrans fees

UK commercial Public Service Broadcaster ITV has called for major pay-TV platforms to pay UK Public Service Broadcasters (PSBs) fairly for the transmission of their channels, ending what is effectively a multi-million pound subsidy to Sky and Virgin. The demand for action follows the publication of a report that shows how retransmission payments to broadcasters in the US have contributed […]

Vice Media further $500m funding

Vice Media has secured a further $500 million in financing from two more minority investors, in part to fund “thousands of hours” of new video content for online, mobile and TV. The youth digital media brand said that the new investment, $250 million each from Silicon Valley firm Technology Crossover Ventures and US cable broadcaster A+E Networks, valued the company […]

BSkyB starts cash-raising roadshow

September 2nd sees the first of BSkyB’s financial roadshow presentations take place with the aim of raising the extra cash it needs to buy Sky Deutschland and Sky Italia. Financial reports suggest that BSkyB is looking to raise $2 billion. Last week BSkyB mandated three banks (Barclays, JP Morgan and Morgan Stanley) to lead the effort. BSkyB raised some £6.6 […]

PeerTV confirms new development capital

peerTV

PeerTV, the TV OTT technology solutions provider, announced on July 30th that it has successfully agreed new equity facilities of £1.5 million (€1.88m) which will finance the continuing development and sales drive for its latest breed of Android powered quad core set top boxes, which now include market leading H265 High Efficiency Video Coding. The AIM listed company is already […]

Vadio closes $2m funding

Vadio, the full-scale distribution platform for music video content and ads online, has closed a $2 million seed funding round with backing from music, entertainment and technology investors including Ed Wilson, former President of NBC Enterprises; Robin Richards, former CEO of Vivendi Universal Net USA; Marc Geiger, Co-Founder of Lollapalooza and Partner at William Morris Endeavor; Irwin Federman, Partner at […]

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