Through its €2 million investment fund One Innovation, the TF1 Media Lab has acquired shares in smart video Franco-British start-up Synchronized, whose platform turns any TV or video content into an enriched and personalised experience. Synchronized joined TF1’s acceleration programme earlier in 2018 and was backed by the group’s team to make linear video more […]
The UK’s creative industries made a record contribution to the economy in 2017, smashing through the £100 billion (€112.74bn) mark, according to figures published by the Department for Digital, Media, Culture and Sport (DCMS). Its value of the creative industries to the UK is up from £94.8 billion in 2016 to £101.5 billion, and has […]
Streaming platform Rakuten TV, known in Spain as the Japanese Amazon, is changing its business model – with a massive capital injection – to compete head-on with the likes of Netflix and HBO. Rakuten TV will now rely on new movies and pay-per-view content to reverse its losses and try to gain market share. CEO […]
Barclays Corporate Banking is doubling its SVoD fund to support UK TV producers to £200 million (€224m). The £100 million fund was launched in March 2017 in response to the rapidly evolving TV production landscape, with the rise of subscription services such as Netflix and Amazon Prime Video changing the way that original programming is […]
A multi-million-pound deal by satellite operator Eutelsat Communications and aerospace manufacturer Airbus Defence and Space for two new communication satellites will see components and major parts assembled in the UK before final assembly is completed in Toulouse, France. The deal is seen as a huge vote of confidence in the UK expertise in the space […]
Reflecting the trend for sports media companies to invest in the interface platforms they need to drive engagement, subscriber aggregation and monetisation, cross-platform app software development specialist You.i TV has announced the closing of $23 million (€26.35m) in growth capital, led by Causeway Media Partners, an investment fund focused on sports media, sports technology, and […]
Mobile telco Three UK has completed a number of key steps in its network improvement programme, as part of a wider £2 billion+ (€2.29bn+) infrastructure investment, in preparation for the advent of 5G. Three says that 5G technology will provide the capacity to meet the anticipated future demand for data, with UK consumers expected to […]
Hyperoptic, the UK’s largest gigabit broadband provider, has signed a deal for a significant equity raise with Mubadala Investment Company (Mubadala), the investment arm of the Government of Abu Dhabi, with assets under management of $225 billion. On closing of the transaction, Mubadala will acquire a minority stake in the Company and Mounir Barakat, Executive […]
Following the rapid expansion of UKTV’s technology division and the team responsible for VoD service UKTV Play, the broadcaster has unveiled plans to open a regional office in Leeds. The technology innovation hub will initially house a team of up to 10 specialists, tasked with enhancing the broadcaster’s content distribution capabilities. News of the Leeds […]
Alex Mahon, Chief Executive of UK Public Service Broadcaster Channel 4, and the Channel 4 Board have confirmed that Leeds will be the location of its new National HQ and Bristol and Glasgow will be the locations of its two new Creative Hubs. Channel 4 announced its 4 All the UK strategy in March 2018, […]