Rivada Space Networks has secured a major slice of the cash needed to build and launch its mega-constellation of an initial 300 satellites. German newspaper Handelsblatt reports that Rivada has collected €10 billion in pre-order commitments from 113 “potential customers”. The report adds that it has also attracted investment cash from 70 investors including a […]
Kudelski, best-known for its ‘Nagra’ smart card encryption technology and Skidata system for ski-resort operators, has negotiated a CHF150 million (€154m) credit facility. The loan, organised by Farallon Capital Europe LLP., is in place in order to repay a Kudelski domestic bond, which matures on September 27th 2024. The loan has a maturity period of […]
DTG Chief Executive Richard Lindsay-Davies has been named Royal Television Society Leader of the Year at the 2024 RTS Technology Awards. The RTS Technology Awards, which took place on July 3rd, honour outstanding achievements in both technology and production within the broadcast industry. The Leader of the Year award, as its name suggests, recognises those […]
Paramount has resumed merger talks with Skydance Media just weeks after an earlier deal fell apart at the last hurdle. The renewed bid from Skydance included a higher offer of $177 billion (€162bn) to get the deal done. Shari Redstone, who controls Paramount, abruptly ended negotiations in the first go-around in mid-June. David Ellison, the […]
Simply.TV, a leading content discovery and metadata provider, has acquired InFlow Media to form Europe’s leading metadata company. This marks the second acquisition made by Simply.TV, after the Dutch metadata specialist GVIDI was acquired in 2022. With InFlow Media, Simply.TV will strengthen its customer base in the Nordics, add advanced content discovery technology and welcome […]
Vincent Grivet (representing Eutelsat) will remain Chairman of the HbbTV Association. The members of the industry association’s newly elected Steering Group (SG) re-elected Grivet for another two-year term at their meeting on June 21st. Jon Piesing (TP Vision) was re-elected the HbbTV Association’s Vice-Chairman. Xavi Redon (Cellnex Telecom) will continue to serve as Treasurer. The […]
Telco giant Vodafone is calling for a new Connectivity Union to help accelerate Europe’s digital ambitions and unleash its ability to compete on a global scale. It says that Europe’s future economic success will be underpinned by next-generation connectivity. Only through 5G standalone will European businesses be able to fully capitalise on the industrial value […]
The Federal Communications Commission (FCC) has issued a reality check to its fellow-regulators around the world saying that low Earth orbiting (LEO) satellites beaming broadband signals cannot switch their transmissions off when passing over an unfriendly nation. The FCC response followed a complaint from Iran’s Ministry of Information and Communications Technology about alleged illegal Starlink […]
Sky Media, the advertising arm of Sky, has announced that its Sky Zero Footprint Fund is launching an additional initiative dedicated to SME and local businesses called Local Heroes. Launched in 2021, The Sky Zero Footprint Fund initiative was created to inspire positive behaviour change and help start-ups and established brands accelerate their sustainable initiatives […]
Vizrt, a specialist in real-time graphics and live production for content creators, has announced several new senior appointments which aim to enhance customer security, experience, and its channel business. Having invested heavily in growing the capabilities and competences of its IT team, Vizrt is expanding its security offering and introducing enhanced customer and partner portals […]