The Culture, Media and Sport Committee of the UK House of Commons is to hold a short inquiry into the BBC World Service. The World Service broadcasts in 42 languages, including English, reaching an estimated 320 million people globally each week. Most of the World Service’s global audience access the World Service in its local language. BBC […]

The European Audiovisual Observatory has published a report on direct public film funding in Europe. The purpose report provides insights into the development of European film agencies’ income and activity spend between 2018 and 2022. Insights are generated based on data samples of national and sub-national film funds. Key insights 1. National funds’ income and […]

Globalstar is the satellite operator supplying emergency SOS and Text messages for Apple’s iPhones. Apple says it wants to expand the service and will invest $1.1 billion (€1.01bn) and an equity stake to fund more satellites for Globalstar. Currently owners of recent iPhones (14, 15 and 16 versions) can access Globalstar’s satellites for emergency service […]

UK Culture Secretary Lisa Nandy has welcomed confirmation in the Budget of the government’s commitment to support the creative industries – as part of the Industrial Strategy – recognising the key role it can play in economic growth. The creative industries are worth £125 billion (€148bn) to the UK economy and were named as one […]

BBC World Service has been given a funding boost in the UK budget.  The budget document said: “In 2025-26, the settlement provides an increase in funding to the BBC World Service, protecting existing foreign language service provision and its mission to deliver globally trusted media, in support of the UK’s global presence and soft power.” […]

Specialist film and TV PR consultancy Percy & Warren has revealed the findings of its pre-budget survey of UK film and television producers. Across the sector there is concern and uncertainty mixed in with a degree of hope for the future for the production industry ahead of the October 30th budget. The survey results shed […]

Community Fibre, the UK broadband provider, has signed a new finance facility provided and/or arranged by JP Morgan, Barclays, LBBW, SIMCo (Sequoia Investment Management Company) and Alpha Bank raising a total of £125 million (€150.2m), overachieving planned targets and bringing total investment in the company to £1.1 billion. The company also announced it has been EBITDA positive since […]

Disguise, the immersive experience company, has received £1.2 million (€1.4m) in funding from Innovate UK and the EU as part of a larger investment into MAX-R — an alliance of companies dedicated to advancing virtual production, extended reality, virtual reality and metaverse technologies. The MAX-R alliance — which is made up of Disguise, the BBC, […]

The next generation of indie films have been handed a major boost by the government with the introduction of a tax relief uplift, which will create jobs and drive growth by making more British hits such as Aftersun and Billy Elliot possible. The Independent Film Tax Credit (IFTC), confirmed today by the Chancellor and Culture […]

Truthset, the data validation-as-a-service offering, has secured $5 million (€4.5m) in Series A funding to accelerate its next phase of growth and adoption with the advertising industry. Data Point Capital led the round with participation from more than 20 industry insiders. “Consumer data powers a trillion-dollar industry, but historically the priority has been scale over […]