The UK Government is to give rural areas a £200 million funding package as part of its full-fibre broadband pledge. The money – announced by Chancellor of the Exchequer Philip Hammond as part of his Budget measures – has been allocated from the National Productivity Infrastructure Fund and is intended as a stimulus for companies […]
Tens of thousands more new-build homes could be in line for a broadband boost after Openreach, the UK’s digital network business, is to reduce the price it charges developers for its future-proof Fibre-to-the-Premises (FTTP) technology by more than three quarters. The new pricing means UK house builders will pay just a fraction of the current […]
The Isle of Media – the public, private partnership launched to market globally the Isle of Man’s media cluster and guide media ventures locating on the Isle of Man – is adding three world-class media professionals to its Advisory Panel. The Panel drives the direction and strategy of the Isle of Man media hub and helps […]
The UK parliament’s Digital, Culture, Media and Sport Committee has published its Report into the BBC Annual Report and Accounts 2017/18: Equal Pay at the BBC. It finds that: BBC is failing to live up to its duty under the Equality Act to advance equal opportunity for women Evidence suggests women working at the BBC […]
Blockchain-enhanced on-demand, online entertainment platform Xfinite has launched with the aim of redefining how entertainment-led content is consumed, produced and distributed. Its decentralised, blockchain-enhanced system is being designed better to meet the viewing trends of today’s digital content consumers while addressing limitations in current media production and distribution models. In Xfinite’s view, the provision of […]
UKTV has unveiled its first deal invested through UKTV Ventures, its multi-million pound innovation fund, with an airtime-for-equity investment in Hopster. The broadcaster also announced the appointment of Sheena Amin to spearhead the fund. UKTV announced the launch of the innovation fund last year to invest in burgeoning high-growth companies wishing to access the television […]
The search for ‘the next big thing’ in UK Children’s Television is gearing up as part of a £60 million (€67.5m) initiative being introduced by Government to support the nation’s vibrant broadcast sector. Culture Secretary Jeremy Wright has announced that the Contestable Fund which aims to halt the decline of UK produced children’s content and […]
V-Nova, a provider of video compression solutions, has secured a multi-million pound investment to drive further growth across the business. The innovation-lead firm will expand its research and development teams to further strengthen its PERSEUS video codec for applicability across multiple industry sectors and expand its commercial functions internationally to further accelerate its market penetration. […]
OTT, content production, and digital distribution solutions provider Ooyala and Telstra have revealed the completion of the management buyout of Ooyala. The Australian telco invested $270 million (€233m) in August 2104 to increase its ownership in Ooyala from 23 per cent (fully diluted) to 98 per cent and was in addition to the US$61 million […]
Declaring himself to be “really passionate about UK creativity”, Tim Davie, CEO of BBC Studios, has suggested that the unit’s success will come from a focus on British-driven creativity, “absolutely” looking for the finest premium content. “We’re a global company, but we’re powered by British creativity,” he asserted. “We are very, very focused on high-end, […]