In the latest issue of Euromedia we look at the dawning of the era of D2C. It is, I suppose, the natural evolution of the stunning success of the era of SVoD as exemplified by the ‘world domination’ of Netflix. Netflix has achieved much: it has disintermediated traditional gatekeepers, it has changed viewing habits and […]
LeoSat is planning to girdle the planet with between 78-108 satellites, each equipped with laser-based connectivity for ultra-fast low-latency communications. But raising sufficient cash has proved to be a major challenge. LeoSat has Mark Rigolle as its CEO, and Rigolle has past expertise as CEO at SES-backed O3b and prior to that position he as […]
Ottawa-based satellite operator Telesat is to raise $500 million (US) of new debt, in Senior Notes due for repayment in 2027. The intention is to use the cash to pay off similar borrowings (but with an interest rate of 8.875 per cent) and with the new borrowing at lower rates. Telesat, in a statement, says […]
NextUp Comedy has smashed their crowdfunding target in just 10 days, with over £350k raised at the time of writing and seven days of fundraising left to go. So far, over 370 investors have – via Crowdcube – backed NextUp Comedy, hailed as the Netflix of UK Comedy, as part of their growth expansion. Luke […]
OneWeb wants to place an initial 650 low-orbiting broadband satellites into space. It has already raised $3.4 billion (€3bn) in funding – but needs more. OneWeb reportedly needs some $5 billion to get its fleet built and launched, and to start supplying its broadband-by-satellite service to unserved users around the planet. The company has already […]
LeoSat wants to place between 78-108 satellites into Low Earth orbit at 1400 kms and use laser beams to move huge quantities of data extremely quickly around the globe. It has secured initial modest investment from Hispasat and Japan’s Sky Perfect/JSAT. It says it has booked $2 billion of advance orders. However, it reportedly is […]
London-based speciality satellite operator Avanti Communications says it wants to cancel its listing of its ordinary shares from the London ‘junior’ exchange Alternative Investment Market. It made the announcement early on August 20th. Avanti says: “The proposed cancellation is part of the ongoing transformation of the Company as the Directors believe the currently market valuation […]
Get It Right (From A Genuine Site) – the UK consumer education initiative that engages fans in new and exciting ways to encourage them to value the creative process and to access content legally – is moving to its next phase. This follows in-depth research, including focus groups, with the target audience of 16-24 year […]
WSC Sports, a leader in AI-powered sports video content, announced it has raised $23 million (€25.69m) in Series C funding, bringing the company’s total funding to$39 million. The new capital will be used to further expand WSC’s growth across new sports, products and geographic regions. This funding round was led by Eyal Ofer’s O.G. Tech […]
iflix, the Southeast Asian largest digital entertainment service, has announced the finalisation of a new round of investment to drive growth ahead of a prospective IPO. This latest round was cornerstoned by Fidelity International, a global asset manager with $379.2 billion assets under management. As part of the round, iflix also welcomes some of the […]