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Liberty Global $4m staff assistance fund

Liberty Global has announced the formation of a new Liberty Global Response Fund intended to help employees and their families who have been significantly affected by the Covid-19 crisis. The…

Netflix, Audiens set up Covid-19 TV Relief Fund

Netflix, Audiens set up Covid-19 TV Relief Fund

Netflix and Audiens – the social protection group of the French cultural sector – in agreement with the Minister of Culture represented by the CNC, have announced the creation of…

Twitter chief donates $1bn to Coronavirus relief

Jack Dorsey, the founder of social media platform Twitter and payment app Square, has said he will donate $1 billion towards efforts to tackle the Coronavirus pandemic. According to Dorsey,…

ITV supports indie prodco sector

ITV’s Director of Television, Kevin Lygo, has announced the creation of a £500,000 (€570,000) development fund targeted at the independent sector to help producers during the crisis. The fund is…

OneWeb updates Court on bankruptcy plan

OneWeb updates Court on bankruptcy plan

OneWeb’s lawyers told a New York bankruptcy court (by telephone) on March 31st that it is looking to sell its international satellite spectrum licences within the next three months. The…

Free over-70s DAB radio initiative

Free over-70s DAB radio initiative

BBC local radio is teaming up with manufacturers, retailers and a loneliness charity to offer free DAB radios to the most vulnerable people aged over 70. It comes as millions…

UK PSBs call for freelancer support

UK PSBs call for freelancer support

The UK’s public service broadcasters (BBC, ITV, Channel 4, Channel 5, S4C) have come together to ask the Government to work with them to support freelancers working in the broadcasting…

OneWeb confirms layoffs

Would-be global satellite broadband supplier OneWeb has reportedly laid off 10 per cent of its workforce amidst reported – but unconfirmed – plans that include Chapter 11 bankruptcy. The news…

UK creatives call for government support

With the escalating response to the current Covid-19 pandemic, Pact, the trade association representing the commercial interests of UK independent television, film, digital, children’s and animation media companies, is calling…

UK: New-build homes to come gigabit-ready

UK: New-build homes to come gigabit-ready

UK Digital Secretary Oliver Dowden has confirmed that the government will legislate to make sure new-build homes come with gigabit-speed broadband fit for the future, with the administration suggesting that…

Over-75s TV licence fee changes deferred

Over-75s TV licence fee changes deferred

In a Joint Statement, the BBC and the Department for Digital, Culture, Media & Sport have confirmed that changes to the funding of TV Licences for over 75s scheduled to…

No Government free TV licence BBC bail-out

No Government free TV licence BBC bail-out

The DCMS Committee, which monitors the policy, administration and expenditure of the Department for Digital, Culture, Media and Sport and its associated bodies, including the BBC, on behalf of the…

UK govt confirms £5bn broadband boost

UK Chancellor of the Exchequer Rishi Sunak has confirmed the Conservative administration’s commitment to support the rollout of gigabit-capable broadband in the most difficult to reach 20 per cent of…

Musk raises $500m for SpaceX

Elon Musk has raised $500.06 million (€441m) in fresh funding at a share price of an extremely buoyant $220 per share. This is double what SpaceX was looking to raise,…

THEO Technologies secures $10m Series A funding

THEO Technologies has raised $10 million (€8.8m) in a Series A funding round led by SmartFin Capital, with participation from PMV and Media Invest Vlaanderen (MIV). Founded in Leuven in…