Advanced Television

Funding

Italy: €100 DVB T-2 switch grant

From August 23rd, Italian households can apply for a subsidy towards the purchase of TV sets compatible with the new DVB T-2/HEVC Main 10 DTT transmission standard. According to a decree published by the Ministero dello Sviluppo Economico (Ministry of Economic Development), the subsidy consists of a 20 per cent discount on the purchase price […]

August 9, 2021From Branislav Pekic in Rome

SiriusXM prices $2.5bn of fresh debt

North American pay-radio operator SiriusXM has priced two batches of new Senior Notes. The borrowings will be used to redeem existing debt. The two amounts are: $1 billion of 3.125 per cent notes due for repayment in 2026, and $1.5 billion of 3.875 per cent notes due in 2031 “This represents an increase of $250 […]

August 3, 2021

Broadband boost for rural England

Millions of people in rural England will get access to the fastest broadband speeds on the market as part of a £5 billion (€5.8bn) plan to level up Internet access across the UK. The UK government’s Project Gigabit fund to upgrade digital infrastructure in hard-to-reach areas will accelerate the country’s recovery from covid, fire up […]

August 2, 2021

V-Nova closes €33m series C funding

Neva SGR, Intesa Sanpaolo Group’s venture capital firm focused on the tech industry, is placing its bets on the growth of V-Nova, a high-growth company based in London but with Italian roots, operating in the compression of video and image data. Thanks to Neva First, the alternative investment fund managed by Neva SGR, V-Nova has […]

July 26, 2021

BT invests in Safe Security

BT has announced a multi-million pound investment in Safe Security, an industry-leading cyber risk management firm. Headquartered in Silicon Valley, its SAFE (‘Security Assessment Framework for Enterprises’) platform allows organisations to take a health check of their existing defences and understand their likelihood of suffering a major cyber attack. Industry analysis estimates that the cost […]

July 21, 2021

DirecTV raising $3.1bn in junk bonds

DirecTV is raising $3.1 billion (€2.6bn) of so-called ‘junk bonds’ (Senior Secured Notes) to help in its split from AT&T, according to an announcement from AT&T. The offer is for a 6-year period and the bonds will be priced on July 22nd and will come from DirecTV Entertainment Holdings. The cash will be used to […]

July 20, 2021By Chris Forrester

RKKVC, Redge invest in Vestigit

OTT and edge computing specialist Redge Technologies and Polish private venture capital fund RKKVC have invested 2 million Zloty (€436,000) in Vestigit, a Polish start-up originating from Wrocław University of Science and Technology which has developed proprietary technology that it says improves security of video online. Vestigit’s solution applies a unique watermark to content, reducing […]

July 16, 2021By Colin Mann

OnePlan raises $3.8m

OnePlan has raised $3.8 million (€3.2m) in Series A financing from investors in the UK and US. The two-year-old startup streamlines the design and production process through a selection of 2D, 3D, satellite and aerial maps, providing real-time collaboration. For venue owners, it unlocks operational and commercial benefits through a hyper-realistic, fly-through Venue Twin of […]

July 2, 2021

GeoComply consolidates business branding

In a move better to leverage its location fraud detection technology, fraud prevention and cybersecurity solutions provider GeoComply Solutions has consolidated its iGaming, streaming media and fintech businesses under one brand, GeoComply. Prior to consolidation, its media and fintech businesses were managed under the GeoGuard brand. GeoGuard will continue as a product name for GeoComply’s […]

July 1, 2021By Colin Mann

Orange invests in Brut.

Orange Ventures, French telco Orange’s venture capital investment subsidiary, is investing in media company Brut., as one of the main investors in a series C funding round of $75 million (€63m). This new funding will help Brut to further its international ambitions. Brut is a global media brand that creates digital video content for those […]

June 30, 2021