Ofcom consults on BBC Three linear return
UK broadcast regulator Ofcom is seeking views from interested or affected parties to inform its initial assessment of the BBC’s proposal to launch BBC Three as a television channel. In February…
Innovid goes public via $1.3bn merger
Connected TV ad delivery and measurement platform Innovid has entered into a definitive merger agreement with ION Acquisition Corp 2, a special purpose acquisition company. The combined company will operate…
24i appoints Phillips as COO
24i, the end-to-end video streaming expert, has appointed Debbie Phillips to the role of Chief Operating Officer. Phillips brings to the position a wealth of valuable experience in managing large…
UK moots C4 sale; plans SVoD regulation
As part of an ongoing strategic review of the UK public service broadcasting system, the UK government will review the ownership model and remit of Channel 4 and consider tightening…
RTL, Talpa in Dutch merger
In a move that they say will create a strong Dutch cross-media group across TV, streaming, radio, print and digital, pan-European broadcaster RTL Group and TV production company Talpa Network…
Hispasat secures Amazonas Nexus financing
The Board of Directors of the Export-Import Bank of the United States (EXIM) has unanimously approved $80.7 million (€71.2m) in financing for Spanish satellite operator Hispasat. This transaction will finance…
SES borrows €150m at “lowest-ever rate”
Satellite operator SES has borrowed €150 million by way of new 1.625 per cent Notes. While the sum involved is modest by usual standards, CFO Sandeep Jalan says it further…
Videon raises $7.3m Series A funding
Videon, a specialist in edge computing for video, has raised $7.3 million (€6.1m) in Series A funding, led by Voyager Capital. Videon says the funding will allow it to expand…
Naspers profits up 24%
South Africa-based conglomerate Naspers has reported a 24 per cent rise in profits for its trading year which ended on March 31st. Naspers earnings per share were $8.14 (compared with…
EU quota threat to UK productions
A paper circulated among its member states suggests that in the wake of the UK’s withdrawal from the European Union, the bloc is preparing to act against the “disproportionate” amount…
Murdoch “won’t pursue” BT Sport
Rupert Murdoch’s News UK has confirmed that it held talks with BT Sport over “limited, commercial partnership” opportunities – but added it will not be pursuing them any further. The…
Channel 4: “We are in excellent health”
Channel 4 has launched its 2020 Annual Report and gave an interim update on the Future4 transformation strategy, from the organisation’s new National HQ in the Majestic in Leeds. The…
YahSat confirms IPO
Al Yah Satellite Communications (which trades as YahSat) and is fully owned by Abu Dhabi’s $243 billion sovereign wealth fund Mubadala Investment, has hired Abu Dhabi’s Abu Dhabi Commercial Bank,…
Guru-Murthy named Chair of albert News Consortium
Krishnan Guru-Murthy has accepted the position of Chair of the albert News Consortium. The group, which formed in January 2021, was set up to support the broadcast and production community…
GIGAEurope expresses tech trust concerns
Following the EURACTIV-GIGAEurope Digital Debate ‘Trust in the Digital Decade’ on June 21st, GIGAEurope has called for governments, industry and civil society to intensify their partnership to ensure that the…
SVoDs to face Ofcom scrutiny?
Reports have emerged that the UK government plans to regulate global OTT services in the same way as linear broadcasters. The plans would see broadcast regulator Ofcom extend the same…