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Culture Secretary: Government will support PSBs

Culture Secretary: Government will support PSBs

Jeremy Wright, the Secretary of State for Digital, Culture, Media and Sport, has confirmed that the UK government will support Public Service Broadcasters to ensure they continue to thrive, and…

BBC DG calls for new investment

BBC DG calls for new investment

BBC Director General Tony Hall has suggested the Corporation needs new investment to enable it to continue to provide distinctive programmes and products, that reflect Britons’ experiences and outlook on…

Valence Media invests £45m in Fulwell 73

Valence Media invests £45m in Fulwell 73

Valence Media has finalised an approximately £45 million (€50.5m) investment comprised of cash and Valence equity for a significant minority stake in Fulwell 73, the British independent production company run…

Sky invests $2m in SDVI

Sky has invested $2 million (€1.73m) in SDVI, a provider of content supply chain management solutions for the media and entertainment industry. The investment is part of Sky’s ongoing strategy…

21st Century Fox invests $100m in Caffeine

21st Century Fox (21CF) and Caffeine, the next-generation social broadcasting platform for gaming, entertainment, and other creative content, have announced that 21CF led a round of funding, which also included participation…

Sky adds start-up funds in Europe and Israel

Sky has announced plans to increase the reach and scale of its start-up investment and commercial partnership activity with the opening of a new office in Berlin as well as…

Nokia: €500m EU 5G research financing

Communications technologist Nokia has signed a €500 million loan transaction with the European Investment Bank (EIB), supported by the European Fund for Strategic Investments (EFSI), a key element of the…

Labour wants FAANG tax to fund BBC

UK’s Labour Party leader Jeremy Corbyn has proposed a tax on firms such as Facebook, Google and Netflix, to subsidise the BBC licence fee. He declared a “few tech giants…

Katzenberg raises $1bn for smartphone ‘New TV’

Jeffrey Katzenberg has successfully raised funding to create a ‘next-generation’ HBO or Netflix — with bite-size original programming designed for smartphones. WndrCo, the holding company Katzenberg co-founded, announced that it…

Hyperoptic raises £250m for gigabit growth

Hyperoptic raises £250m for gigabit growth

UK gigabit broadband provider Hyperoptic has completed a debt raise of one quarter of a billion pounds (€280m) from eight leading international banks to extend its full fibre optic network…

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