Category archives for: Funding

YouView expansion plans as shareholders agree

UK on demand TV service YouView says it is demonstrating further momentum and ambition following the completion of its shareholder agreement. The agreement guarantees five years of funding by all seven shareholders including BT and TalkTalk (which gives YouView scale in the UK broadband market), the BBC, ITV, Channel 4, Channel 5 and Arqiva. The service has passed well over […]

BBC plans news savings and digital transformation

BBC News has outlined plans to save £48 million a year across the BBC News Group by 2016/17, along with proposals to restructure the division and to invest in digital transformation and original journalism. The savings will complete the Delivering Quality First (DQF) programme for BBC News. DQF was initiated after a licence fee settlement which required the BBC to […]

Spectral Edge seed investment round led by The Rainbow Seed Fund and Iceni

Spectral Edge has announced the completion of a £300K financing round led by the Iceni Seedcorn Fund and the Rainbow Seed Fund managed by Midven.   Spectral Edge was founded in 2012 as a spin-out from the University of East Anglia to exploit novel image fusion technology developed by Professor Finlayson’s ‘Colour Lab’. Image fusion is a large field and […]

Newstag secures $1.3m in first round of seed funding

Newstag, a Swedish-based crowd-curated video news service, has secured $1.3 million of seed funding. A group of private and institutional investors have backed the media start-up to develop its innovative approach to news sharing through social media. Newstag will bring together video news stories from content producers around the world, including AP and Reuters, as well as brands and NGOs. […]

Creative Industries invest £37m in skills development

The UK’s Creative Industries have come together in their largest-ever collaboration, and successfully levered public investment to match their own contribution to support skills and talent development and ensure their continuous growth and global competitiveness. This investment is the successful result of a bid to the second round of the Employer Ownership Pilot (EOP2), which has been developed to respond […]

BBC to compete on production

Speaking at the ‘Future of the Licence Fee’ seminar at City University in London, Tony Hall, Director-General of the BBC, has outlined plans for the Corporation to adopt a mantra of ‘compete or compare’, including raising the possibility of major changes to BBC in-house production. He also announced a desire to extend competition where it works across the BBC, and […]

Russia’s public TV needs more cash

Russia’s OTR public TV network is appealing for more voluntary cash from viewers. “Russian Public TV needs help so that the channel’s broadcasting can continue its existence and we can create new important projects,” the TV channel’s press service told viewers, and reported by BBC Monitoring. It said that the collection of donations to support the TV channel’s operation had […]

4 in 10 Brits oppose BBC licence fee

Four in ten (40 per cent) British adults support the current system of funding the BBC, however, just as many oppose it (40 per cent), according to research from ComRes on behalf of public affairs agency Whitehouse Consultants. Of the four potential funding models tested, the one which gained most popular support is abolishing the licence fee and making the […]

UK creative industries key to sustaining economic growth

Industry members of the Creative Industries Council (CIC) have revealed their vision and strategy for the UK creative industries for 2020. The Strategy outlines a plan that will see businesses and Government work together to maintain the UK’s position as a world leader for the creative industries. The sector is recognised as playing a key role in a thriving UK […]

YouTube plans Fan Funding

YouTube has revealed plans for channel owners to make money by soliciting donations from their viewers. YouTube Fan Funding will be tested soon with a limited number of channels in the US, Mexico, Japan and Australia, with YouTube users in those countries able to apply for a space on the test scheme. “Fans will be able to contribute money to […]

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