Gamestream, a specialist in white label Cloud Gaming solutions, has fundraised €4.5 million to continue its work in Cloud Gaming solutions for B2B with Audacia and Bpifrance, via its Tech and Touch fund, set to join the team of investors to participate in a second fundraising. The French start-up currently boasting nearly 500,000 subscribers, recently […]
Fuller Voices has announced its transformation into Bedford Square Voices (BSV), backed by investment from DLT Entertainment, with immediate effect. This announcement follows the recent departure of Becky Fuller from Fuller Voices. Retaining a portfolio of over 70 existing clients, the rebrand is bolstered by the addition of Alexei Sayle, Georgina Cudby, Michelle Ogundehin, Craig […]
The European Space Policy Initiative (ESPI), in a major report, says that an increasing number of startups are unable to progress to subsequent funding rounds despite the overall growth in sector investment. ESPI pointed to potential challenges in the scalability and sustainability of these startups, and asked for both public and private sectors, which entity […]
Dame Caroline Dinenage, Chair of the UK House of Commons Culture, Media and Sport Committee, has expressed her satisfaction regarding announcements in the Budget relating to tax relief for the UK film industry and support for the National Theatre. “Today’s announcements are a shot in the arm for our film industry and will help give […]
Responding to the Budget Statement from the Chancellor of the Exchequer, Adrian Wootton OBE, Chief Executive of the British Film Commission, the UK Government’s national organisation responsible for international film and television production in the UK, said the announcements demonstrated “timely and welcome action” by Government, which would “significantly boost the UK’s world-class film and […]
The UK’s government is awarding £100 million (€117m) in grants to British-based space organisations in particular focusing on the development of low Earth orbiting (LEO) satellites. In addition, it is also granting £10 million to Scotland’s SaxaVord rocket launch site. The intention is to highlight development of on-board data processing, laser optical links for satellite-to-satellite […]
BBC Studios (BBCS) has upped its borrowing capacity to £600 million (€700m) this year as it looks to increase investment in UK and international programming. It comes quickly after BBCS acquired ITV Studios’ stake in streaming service Britbox for £255 million. The company’s borrowing facility had stood at just £350 million in 2022 but will […]
Strange times in the UK news market. GB News continues to generate its own headlines by setting new records for Ofcom breaches, while Talk TV announces it is shutting down its broadcast version. News UK has decided its niche news channel was a bit too niche – the fact star turn Piers Morgan had already […]
Operating losses at troubled right-leaning news channel GB News grew 38 per cent to £42.4 million (€49.6m) in the year to May 2023, the business has revealed in accounts filed to Annual Companies House. The accounts for GB News Limited show 80 per cent year-on-year growth in revenue to £6.7 million, but also a 63 […]
Incoming BBC Chair Samir Shah has warned that the Corporation must confront hard choices and tough decisions in what he describes as a “tough financial situation”. In a note to all BBC Staff at the start of his tenure as Chair of the BBC Board, Shah said that along with the Board, he was “here […]