Advanced Television

Funding

Regulator: Social influencers must finance European TV content?

Spain’s regulatory body CNMC has demanded that TV and streaming influencers be classified as “Audiovisual Services Providers through video exchange platforms” in the new TV law, set to be approved over the coming weeks. CNMC´s aim is that the streaming platforms used by influencers – such as YouTube, TikTok, Instagram TV and Twice – are […]

January 14, 2021From David Del Valle in Madrid

Eutelsat gets €200m EIB broadband loan

Eutelsat has taken an 8-year loan of €200 million from the European Investment Bank (EIB) to help fund the roll-out of its high-speed broadband services. Eutelsat will use the cash on its Konnect VHTS (Very High Throughput Satellite) programme. Eutelsat says: Konnect VHTS is an advanced satellite providing unprecedented upload and download speed capacity for […]

January 14, 2021By Chris Forrester

5G stadium project gets government funding

The DTG (Digital TV Group) the centre of UK digital TV, in partnership with Digital Catapult, Global Wireless Solutions, O2, Rohde & Schwarz, have successfully secured Government funding to develop a 5G mobile based platform to broadcast events in stadiums and other venues. DTG and partners plan to provide enhanced interactive viewing experiences direct to […]

January 13, 2021By Colin Mann

Tuchman backs Rialto International

Bruce Tuchman, formerly President of Sundance Channel Global, AMC Global and MGM Networks, and New Zealand’s Rialto Channel Limited have launched Rialto International, a 50-50 joint venture to bring Rialto branded streaming, SVoD, AVoD and linear television services of premium indie content to countries and territories worldwide. The parties announced the new joint venture on […]

January 12, 2021

GB News ‘fully funded’

The planned GB News TV channel and digital services, proposed as an alternate to the BBC News and Sky News, is now fully funded. Reports say the 24-hour channel, fronted by veteran BBC journalist Andrew Neil, has now received anchor commitments from Discovery International, hedge fund manager Sir Paul Marshall and Dubai-based investor Legatum Group. […]

January 6, 2021By Chris Forrester

MPs warn of UK connectivity target failure

The UK House of Commons Digital, Culture, Media and Sport Committee is warning the Government that it risks failing to meet its revised-down target for gigabit-capable broadband in the face of considerable challenges to infrastructure roll-out. Evidence to the ‘Broadband and the road to 5G inquiry’ found little confidence that nationwide gigabit-capable broadband by 2025 […]

December 22, 2020By Colin Mann

OneWeb adds 36, faces UK criticism

There were a few tense moments immediately prior to the launch of the giant Soyuz rocket at Russia’s Vostochny Cosmodrome when the countdown clock went past the ‘3-2.1-Zero’ command, but a few seconds later, the engines burst into life and the 36-satellite payload for OneWeb launched. Some four hours after its 12.26pm (GMT) launch and […]

December 21, 2020By Chris Forrester

Openreach creates more than 5,000 new jobs

UK digital infrastructure provider Openreach is claiming to have bucked the prevailing economic trend by creating 5,300  new UK-based engineering jobs, to be filled during 2021. The new roles, located in communities throughout the country, will enable the company to continue improving service levels across its existing networks, whilst building and connecting customers to its […]

December 18, 2020By Colin Mann

Euskaltel seeks fibre optic partner

Euskaltel is speeding up its plans to become the fifth largest telco operator in Spain and is consequently seeking financial partners to invest in its fibre optic network throughout the country. Euskaltel is set to create a subsidiary company responsible for the deployment of its network and French Infravia and Australian First State are reportedly […]

December 17, 2020From David Del Valle in Madrid

SpaceX wants extra finance

SpaceX is reportedly planning another cash-raising round for investors. It last raised money ($1.9 billion) in August and was valued at the time as $36 billion. Bloomberg is suggesting that while talks are at an early stage, the end result could be that SpaceX would have a value of some $92 billion. The cash should […]

December 17, 2020