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Labour broadband plan: Industry reaction

Labour broadband plan: Industry reaction

Philip Jansen, the chief executive of BT, has warned that real cost of the Labour opposition’s General Election pledge to roll out a full-fibre network nationwide and provide free broadband…

OneWeb and Intelsat “never had a contract”

Despite all manner of negotiations spread over some 17 months between would-be mega-satellite operator OneWeb and Intelsat, the pair never actually reached an agreement, says OneWeb in an application to…

EIB provides funding of up to €20m to Bitmovin

EIB provides funding of up to €20m to Bitmovin

The European Investment Bank (EIB) is providing financing of up to €20 million to Bitmovin, a developer of video streaming technology. The company powers leading video streaming services – its…

Research: ‘SVoD sees huge growth in UK production’

The TV and film production sector is experiencing a period of phenomenal growth, driven by demand for British content from Netflix and Amazon Prime, according to data from Barclays Business…

Report: Gigabit broadband to transform European lives

Report: Gigabit broadband to transform European lives

A new report by economist firm Oxera has revealed how widespread access to Internet speeds of at least 1 Gigabit per second will lead to transformative changes in the way…

UK Lords call for PSB safeguarding

UK Lords call for PSB safeguarding

The Communications and Digital Committee of UK parliament’s upper chamber the House of Lords has warned that public service broadcasters (PSBs) need to be better supported to ensure that they…

Customer demand boost for Sky jobs

Customer demand boost for Sky jobs

Sky has created 1,000 new jobs throughout the UK, including opening a new customer contact centre in the northern England city of Leeds, to meet growing customer demand. The creation…

DAZN seeking $500m in funding?

OTT sports broadcaster DAZN is reportedly seeking to raise $500 million (€450.5m) in new funding. The money would likely be used to support its expansion efforts as it looks to…

Analyst: TV market competition boosts content spend

Analyst: TV market competition boosts content spend

Research by Ampere Analysis reveals that the growth of streaming services has intensified competition across the TV landscape driving an upsurge in content spend. Ampere found that global spend on…

£1bn boost for UK mobile coverage

£1bn boost for UK mobile coverage

Poor mobile phone coverage is set to be a thing of the past as the UK Government champions a £1 billion (€1.16bn) deal with the mobile phone industry to banish…

€60m subsidy for RTVE to air Olympics

€60m subsidy for RTVE to air Olympics

The Spanish government will finance the transmission of the Tokyo Olympic Games through RTVE’s TV channels with a state subsidy of €60 million. With the funds, RTVE will acquire the…

Netflix raises $2bn in debt to fund more content

Netflix is raising another $2 billion (€1.79bn) in debt for the production, development and potential acquisitions of content. The streaming giant routinely raises debt to help grow its catalogue of…

Backers triple Salto OTT investment

Backers triple Salto OTT investment

France’s proposed Salto OTT platform, backed by public broadcaster France Télévisions, and commercial operators TF1 and M6, is set o see the trio triple their investment in the platform. They…

Telesat wraps $550m of new financing 

Telesat wraps $550m of new financing 

Canada-based satellite operator Telesat raised $550 million in new debt but has used the extra funds to pay down $500 million of older debt some 5 years early (due to…

Meo warns of additional costs for DTT migration

Meo (Altice Portugal) has warned of a “high probability” of additional operational costs due to ‘gaps’ in the timetable for the DTT migration process of the 700 MHz band, proposed…