Category archives for: Funding

EBRD €24m loan to Serbia to complete DSO

The European Bank for Reconstruction and Development (EBRD) has approved a €24 million loan to Serbian public company Emisiona Tehnika i Veze for completing the transition from analogue to digital TV broadcasting. However, it is already certain that the full amount of the allocated resources will not be spent, given that for the purchase of digital broadcasting equipment, instead of […]

Ofcom launches PSB review

UK comms regulator Ofcom has published a consultation on its third review of public service broadcasting against a backdrop of what it suggests is reduced viewing of and investment in such services. The latest review examines how the BBC, ITV, STV, UTV, Channel 4, Channel 5 and S4C have fulfilled the purposes of public service broadcasting (PSB) since Ofcom’s 2008 […]

Eutelsat hamstrung by French tax rates

Investment bank Berenberg, in a 10-page report on satellite operator Eutelsat, says it is increasingly difficult to accurately compare and contrast Eutelsat with its Luxembourg rival SES. The bank’s headline advice is for investors to “HOLD” their positions in Eutelsat despite the operator paying “well over two-times the tax rate of SES” and also having an above sector average exposure […]

French 700 MHz auction set for Dec 2015

French Prime Minister Manuel Valls has fixed the 700 MHz auction for December 2015, with the transfer from DTT channels to the mobile telecoms sector scheduled to take place between October 1st 2017 and June 30th 2019. The French State anticipates the revenues coming from this auction will reach €2.1 billion, all attributed to the defence sector. According to the […]

India to fund new STB developments

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India’s Dept of Electronics & Information Technology is to put 1 billion Rupees (about $16 million) to help fund development of locally made set-top boxes. The cash will also provide manufacturers with long-term credit facilities and other fiscal aids to jump-start the process. The fund will also be channelled through India’s Credit Guarantee Fund which exists to help smaller businesses […]

Online BBC3 to be a pathfinder for other services

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Senior executives at the BBC have revealed further details of the Corporation’s proposals to close BBC as a broadcast channel and reinvent it online. The changes – which are subject to approval by the BBC Trust – will generate savings of £50 million, which will be reinvested into BBC Three online, as well as strengthening BBC One. Speaking at a […]

Mediaset’s new pay-TV unit now operational

Mediaset Premium Spa, the new unit within which all pay-TV activities of Italy’s Mediaset Group have been placed, is now operational. A total of 267 employees already working for RTI/Mediaset will be transferred to Mediaset Premium Spa. The balance sheet, dated 30 September 2014, shows a total turnover of more than €2 billion and EBIT for the last quarter estimated […]

Orange, PCCW informal talks on Dailymotion

dailymotion

French telco Orange has confirmed informal talks with Chinese group PCCW regarding video platform Dailymotion. CEO Stéphane Richard, who is seeking an investor to boost the international development of its 100 per cent subsidiary, met Richard Li, the son of Asia’s wealthiest man Li Ka-Shing, the founder of Hutchison conglomerate. The group owns PCCW, the holding behind a Hong Kong […]

Grabyo garners $2m funding from global sports stars

fabregas-football

Real-time video specialist Grabyo has raised $2 million in funding from an array of major sports stars on the back of accelerating customer demand, ongoing momentum in social video and the rapid growth of mobile video advertising. The investors and global ambassadors include Premier League footballers Cesc Fabregas and Robin van Persie, New York Red Bulls star Thierry Henry and […]

US Senator calls for piracy payment prevention

US Senate Judiciary Committee Chairman Patrick Leahy is urging leading payment processors to prevent use of their payment networks by websites that are dedicated to online copyright infringement. While Visa and MasterCard both have policies prohibiting the use of their cards for illegal activities, a recent study released by the Digital Citizens Alliance and NetNames revealed that 29 of 30 […]

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