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Saudi Arabia’s Taqnia secures financing

Saudi Arabia-based Taqnia Space has secured further finance through a long-term agreement with Bank Albilad. Taqnia Space says it aims to transfer and market satellite technology, support the sustainable development…

Billionaires back space projects

The world knows the names of Jeff Bezos (owner Amazon), Elon Musk (SpaceX/Tesla cars) and Sir Richard Branson (Virgin Group) as being more than casually interested in space, rockets and…

Sky raises TRX investment

Pan-European broadcaster Sky has invested a further £1 million (€1.09m) in TRX, the online deal-making tool for TV rights, following its initial investment of £1 million in August 2016. This…

TiTANplatform seeks $100m capital raise

Smart content and device company TiTANplatform Corporation has engaged Deloitte Corporate Finance LLC (DCF) to provide investment banking services and Deloitte & Touche LLP to provide accounting services. TiTANplatform and…

Anti-piracy blockchain start-up launches token sale

Anti-piracy blockchain start-up launches token sale

Sydney based start-up Veredictum has launched the token sale for its decentralised anti-piracy and distribution platform for the film and video industry. The Ventana token sale aims to achieve widespread…

PCCW raises $110m for OTT ventures

PCCW Media is introducing Hony Capital (Hony), Foxconn Ventures (Foxconn) and Temasek as investors of PCCW International OTT (Cayman Islands) Holdings Limited (PCCW OTT), raising $110m. This strategic investment will…

Bezos to build new Rocket City

Blue Origin, the rocket-launching business founded by Amazon billionaire Jeff Bezos, is to build its all-new BE-4 rocket engine at Cummings Research Park, at ‘Rocket City’, Huntsville in Alabama. ‘Rocket…

IFLIX raises $133m for developing markets

Iflix has raised $133m valuing the Asian streaming group at more than $600m. The two-year-old company streams in less developed markets across Asia, the Middle East and Africa and says…

RTL leads $15m funding in Inception VR firm

Inception, a next-generation immersive content network, has announced a $15 million Series A funding round led by RTL Group, the broadcast, content and digital media giant. This investment helps Inception…

BBC reveals top stars’ pay

BBC reveals top stars’ pay

In tandem with publishing its Annual Report for 2016/17, the BBC has disclosed the amounts paid to staff and talent over £150,000 (€170,000) from the licence fee in the last…