Avanti Communications will not see a launch of its much-needed Hylas 3 satellite until “the first 3 months of 2019” according to a company statement. However, there is better news on Hylas 4, a larger satellite, which Avanti says will launch on March 18 (subject to minimal delays caused by the Arianespace launch anomaly of […]
Members of the UK House of Commons Digital, Culture, Media and Sport Committee have said that maintaining access to talent, UK production tax credits, and getting clarity around regulatory equivalence with the EU are vital to resolving concerns about Brexit. The Committee’s report, The potential impact of Brexit on the creative industries, tourism and the […]
As outlined here last week, troubled London speciality satellite operator Avanti Communications has started its potential restructuring. Avanti is proposing a ‘Debt for (new) Equity’ swap, and would issue 2 billion new 1p shares to debt-holders. January 19th saw a Consent Solicitation issued by Avanti. This process will result in one of the following outcomes: […]
Serial media entrepreneurs Jeff Sagansky and Harry Sloan have raised $325 million in their new Platinum Eagle Acquisition fund designed to take advantage of what they say is a particularly compelling time for the industry. The fund will be listed on the NASDAQ exchange (trading as EAGLU). The IPO prospectus says the fund will be […]
Tootle has announced a seven-figure investment from Channel 4’s Commercial Growth Fund, striking an airtime-for-equity arrangement with the car-selling platform. As part of the investment, Tootle will be able to launch the television advertising campaign in return for the broadcaster taking a minority equity stake. Launched in 2015, Channel 4’s Commercial Growth Fund offers high […]
An historic agreement has been signed between the French Government, France’s Electronic Communications and Postal Regulatory Authority (Arcep) and mobile operators to accelerate mobile coverage in country’s regions. Eradicating the digital divide is one of the major challenges of territorial cohesion policies. To accelerate the pace of France’s digital transformation, whether for micro, small and […]
Isle of Media Limited – 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 – has appointed former Sky and ITV senior executive Michael Wilson as the new Chief Executive Officer. Wilson was until recently the Managing Director of Northern […]
About twenty years ago, a Judicial Inquiry following a notorious murder in south London found the police to be ‘institutionally racist.’ It was the first time an institution or organisation had been ‘found guilty’ of a behaviour that if displayed in an individual would be a crime. Mysoginism, as such, isn’t against the law, though […]
The Spanish Administration will grant €104.9 million in public funds to 33 operators to extend the deployment of FTTH at a minimum speed of 100 Mbps to small cities and villages. Some 73 operators submitted their bids with a total of 264 proposals. 138 were approved from 33 operators with a total investment of €169.48 […]
A new multi-million-pound fund to help increase the range of children’s television in the UK has been announced by Culture Secretary Karen Bradley. The £60 million (€67.5m) fund will be available for content creators to receive up to 50 per cent of the production and distribution costs of original TV shows. It will be available […]