Bluestone Equity Partners, a private equity firm focused on the Sports, Media & Entertainment industry,has announced a growth investment in VideoVerse, the company behind Magnifi, an AI-powered video editing solution. VideoVerse’s Software as a Service (SaaS) platform leverages AI models, computer vision, and Machine Learning (ML) to transform full-length video footage into short-form content and […]
The Federation of Entertainment Unions (FEU) has written to the UK Secretary of State for Digital, Culture, Media and Sport, Nadine Dorries, to urge her to reconsider the Government’s plans to privatise Channel 4. The FEU, who together represent over 120,000 UK creative workers, is dismayed at the Government’s plans to sell the publicly owned […]
A private equity consortium is to buy Nielsen for $16 billion (€14.3bn). A group of VCs led by Elliott Management and Brookfield Asset Management will pay $28 a share, up 10 per cent on their initial and a 60 per cent premium on the stock before the offer was launched. Taking the business private, the […]
Information, data and market measurement firm Nielsen is launching Gracenote Inclusion Analytics, which it says will deliver unprecedented visibility into the gender, race, ethnicity and sexual orientation of talent appearing in TV programming and the audiences watching it. The new solution empowers content creators, owners, distributors and advertisers with much-needed data around on-screen diversity and […]
The Creative Industries Federation has warned of a ‘cultural catastrophe’ as research from Oxford Economics reveals that the UK’s creative industries are on the brink of devastation. The UK’s creative sector was previously growing at five times the rate of the wider economy, employing over 2 million people and contributing £111.7 billion (€125bn) to the […]