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Funding

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 of people are forced to stay in their homes and isolate from their friends and families because of the Coronavirus outbreak. Radio is a vital […]

March 27, 2020By Colin Mann

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 industry during this unprecedented period. In a joint letter to the Chancellor signed by all the PSBs, the broadcasters highlight the value of the freelancers […]

March 26, 2020

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 comes as OneWeb reported the successful orbiting of 34 satellites from the Baikonur cosmodrome in Kazakhstan on March 21st on a Soyuz rocket organised by […]

March 23, 2020By Chris Forrester

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 on Government to adopt a range of measures to support one of the UK’s most successful domestic and export industries. Firstly, to support SMEs, suspend […]

March 18, 2020By Colin Mann

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 this is a significant step in the Prime Minister’s plan to level up the UK and accelerate the nationwide rollout of world-class broadband with the […]

March 17, 2020By Colin Mann

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 come into effect on June 1st will now take place on August 1st. The Statement says: “The BBC and the Government have been discussing the […]

March 16, 2020By Colin Mann

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 House of Commons and the electorate, has published responses to recommendations of its predecessor Committee’s report which focused on proposed changes to the TV licence […]

March 16, 2020By Colin Mann

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 the country. Presenting his 2020 Budget, Sunak said the government was committing £5 billion to support the rollout of gigabit-capable broadband so that all areas […]

March 11, 2020By Colin Mann

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, and means that his rocket company is now worth around $36 billion (and an improvement on last year’s $33 billion valuation). It is again proof […]

March 11, 2020By Chris Forrester

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 2012, THEO Technologies’ mission is to 2facilitate the perfect video experience on any platform or device, at any time and everywhere”. “The online video industry […]

March 11, 2020