Home » Archives by category » Business (Page 3)

Bitmovin raises another $25m

Bitmovin raises another $25m

Bitmovin, a provider of video infrastructure for global digital media companies, has raised $25 million (€20.7m) in Series C financing. The company says it will leverage this investment to drive…

Amazon buys 9 Atlas launches for Kuiper LEOs

Jeff Bezos has contracted nine rocket launches with the United Launch Alliance (ULA) to launch his initial Project Kuiper low Earth orbiting (LEO) broadband-by-satellite craft. The contract means that for…

Loveworld: Third coronavirus  content breach

Loveworld: Third coronavirus  content breach

An investigation by UK broadcast regulator Ofcom has found that coronavirus coverage on the religious satellite television channel Loveworld breached broadcasting rules for a third time. During two episodes of…

C-band pay-out: Intelsat’s complex subsidiary structure

C-band pay-out: Intelsat’s complex subsidiary structure

Intelsat has dozens of inter-related subsidiary and sister companies. These associated business are creating significant headaches for its bankruptcy court, Intelsat’s many debtors and arch-rival SES. SES, and some bond…

ViacomCBS announces new UK social media team

ViacomCBS announces new UK social media team

ViacomCBS Networks International (VCNI) has established a new commercial team, dedicated to leveraging its social platforms business in the UK. The designated unit, Velocity UK, will draw on the power…

Inmarsat wins satellite spat

Eutelsat and Viasat have lost a legal decision at the EU’s Court of Justice over a claim that London-based Inmarsat should not have been granted authorisation to key S-band satellite…

Phenix scores $16m+ funding

Phenix scores $16m+ funding

Phenix, the real-time streaming technology platform, has announced closing $16.7 million (€13.8m) in Series B funding at a valuation of $90 million. This brings total funding for the company to…

Agile Content acquires Fon

Agile Content, a provider of digital TV and video delivery solutions, has announced the acquisition of global WiFi solutions provider, Fon Technology (Fon). This marks a further step in Agile…

Survey: Availability and cost remain online piracy drivers

Survey: Availability and cost remain online piracy drivers

The latest wave of the Online copyright infringement tracker survey from the UK’s Intellectual Property Office suggests that during lockdown, some respondents reported that with their general consumption in entertainment…

Musk raises another $1.1bn for SpaceX

Elon Musk might well mount an IPO for his SpaceX business somewhere down the line, but for the moment he seems happy to raise cash by issuing new equity. In…

Intelsat gets tough in C-band dispute

The avalanche of legal filings and motions in the increasingly bitter dispute between SES and Intelsat over the division of C-band ‘incentives’ from the FCC is simply immense. April 14th…

MEPs urge live sport anti-piracy protection

MEPs urge live sport anti-piracy protection

The unique live character of sport events requires special protection to allow for real time take downs, according to the European Parliament’s MEPs. In a draft report adopted with 18…

Telesat sells bonds to fund Lightspeed

Canada-based satellite operator Telesat will raise some C$500 million (€333.5m) in fresh borrowings in order to fund its new fleet of Lightspeed low Earth orbiting satellites. The cash-raising exercise will…

Astranis raises $250m

Astranis raises $250m

Broadband satellite start up Astranis has announced a $250 million (€208.6m) Series C financing round, valuing the company at $1.4 billion. The financing was led by funds managed by BlackRock,…

Toshiba president resigns following CVC approach

Toshiba’s president and CEO Kurumatani Nobuaki has resigned and the board has immediately appointed Tsunakawa Satoshi to succeed him. A formal $20 billion buy-out offer from the Luxembourg and UK…

Triller acquires FITE

Triller acquires FITE

TrillerNet, parent company of the short video social app Triller, has acquired FITE, the global live-event and PPV, SVoD and AVoD and streaming platform for sports and entertainment. Triller says…