Category archives for: Funding

BBC to fund world news with product placement

Product_placement

The BBC is set to feature product placement on its global news channel for the first time as it seeks new ways to fund its global news operations. BBC World News will feature product placement on programmes such as technology, sport and travel documentaries, but not on its core news and current affairs output.

NewSat Jabiro satellite-project stalls

Australia’s NewSat plan for a new satellite (Jabiro-1) has been in trouble for some time over funding the build and launch of the proposed satellite. Now one of its major backers has pulled back placing the project for Australia’s first independent and locally-owned satellite in jeopardy. The project has already missed some key funding dates, and now the Sydney Morning […]

Funding gap for Ariane-6

It seems there are problems ahead for Europe’s planned Ariane-6 rocket, and its development costs. Trade mag Space News is saying that there is a near-€1 billion gap between the ‘contract’ that the European Space Agency has in place with the rocket’s builders Airbus-Safran Launchers. Ariane-6 is on a ‘fast track’ design and build programme in order to compete both […]

Innovid wins Cisco funding

Innovid, a player in cross-channel advanced video, has announced that Cisco Investments has become a new investor in the company in order to help realise that vision. Additionally, all original investors, including Genesis Partners, Sequoia Capital, and T-Venture, participated in the raise of $10 million. Innovid will use the infusion of capital to further its innovation and product offering for […]

Huawei $6.6bn R&D

Huawei, the privately held Chinese group, has boosted its R&D funding by almost one-third in 2014 as China’s 4G revolution marched on. The company has increased spending 29 per cent year-on-year to $6.6 billion, while revenues rose 20.6 per cent to $46.5 billion. Ken Hu, who shares the post of chief executive, said that in 2015 the company would spend […]

Canada bank helps fund Hispasat satellite

Export Development Canada is financing €140 million towards the overall costs of building Amazonas-5. Amazonas-5 is being built for Madrid-based satellite operator Hispasat by Canadian satellite-builder MacDonald, Dettweiler & Assoc (MDA). MDA owns Space Systems/Loral.  This is the fourth SSL-supplied satellite for Hispasat.  The order was placed with SS/L back in December 2014 and is due to launch in 2017. […]

Quickplay raises C$57m

Quickplay, the global player in powering premium video to any device, has secured C$57 million (€41.5m) in growth capital from private equity owner Madison Dearborn Partners, financing partner Orix Ventures  and Difference Capital Financial. With more than C$150 million of total investment since the company’s inception in 2003, Quickplay now claims to be the largest end to end managed service […]

RTVE exempted from VAT

rtve

The Spanish government is to inject new public funds into broadcaster RTVE, operator of the public channels La 1 and La 2 among other channels, by freeing it from paying VAT (value-added tax). The TV company will save €91.7 million which will mitigate its weak financial situation with a loss of €133 million in 2014. Public Regional TV stations, also […]

Sky invests further $5m in 1Mainstream

Sky has invested a further $5 million in 1Mainstream, an OTT startup company that operates an automated platform for the distribution of linear and on-demand video to Internet-connected devices.  The investment, which is in the form of a convertible debt security, builds on the $2 million already invested by Sky in August 2013. 1Mainstream’s platform provides automation technology to enable […]

Liberty Global, Discovery boost Formula E

Liberty Global and Discovery Communications have signalled their growing interest in the field of premium sporting rights by becoming minority shareholders in Formula E Holdings Ltd, the company behind the organisation and promotion of the electric single-seater car race series inaugurated by motorsport’s governing body, the FIA. According to Formula E, the arrival of these two global media companies represents […]

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