TikTok’s worldwide ad revenues will triple this year and surpass that of two competitors combined, according to Insider Intelligence’s inaugural forecast on TikTok ad revenues. The Chinese-owned social video app will have more than $11 billion (€10bn) in ad revenues in 2022, with more than half coming from the US. Worldwide TikTok’s worldwide ad business […]
Netomnia, a provider of full fibre broadband infrastructure, and internet service provider YouFibre have secured £295 million in new funding led by DigitalBridge Investment Management, the investment management platform of DigitalBridge Group. DigitalBridge’s equity investment will come alongside follow-on commitments from existing shareholders Soho Square Capital and Advencap Limited. Founded by CEO Jeremy Chelot, who […]
UK communications infrastructure and media services company, Arqiva, has announced the appointment of Katrina Dick as Chief Legal Officer. Dick is appointed to the Arqiva Executive Committee, reporting to CEO Paul Donovan, in the key role of leading the Legal function and as Company Secretary to the Board. Dick’s career to date includes roles in […]
Sky Media has announced Make My Money Matter as the first sponsor of Sky News’ The Daily Climate Show. The Daily Climate Show’s social clips were identified as the perfect environment for Make My Money Matter to promote actionable, positive solutions for individuals committed to acting on the climate crisis. Through the sponsorship, millions watching […]
Wurl, a specialist in powering streaming TV, has entered into a partnership with LG Electronics that will see Wurl powered FAST Channels on LG Channels worldwide. Wurl will be distributing the FAST channels globally while also providing monetisation services and maximising revenue to the company. Per the deal, Wurl will be available on all LG […]
Gravity Media, a global provider of live broadcast facilities and production services, has been awarded the contract to bring three of the motorsport calendar’s greatest events to the screens for Goodwood. Hosted by The Duke of Richmond at the Goodwood Estate, the Goodwood season is firmly established in the English sporting and social calendar. The […]
A new report, Audiovisual fiction production in Europe – 2020 figures, has been published by the European Audiovisual Observatory, part of the Council of Europe in Strasbourg. The report analyses the volume, formats, origin, commissioners and producers of original European TV films and TV series released on TV and SVoD between 2015 and 2020. Daily […]
World of Wonder, LA-based Media company, has added a new international iteration of its hugely successful entertainment reality format, Drag Race, to its roster in Sweden. The new edition of the global franchise joins existing versions in Thailand, the US, Chile, Canada, Holland, the UK, Spain, Australia and New Zealand, France, the Philippines, and Italy. […]
Ofcom has suspended Khalsa Television Limited’s licence to broadcast after an investigation found the KTV channel in breach of broadcasting rules. The KTV television channel broadcasts to the Sikh community in the UK. The media regulator’s investigation found that Prime Time, a 95-minute live discussion programme, included material likely to incite violence. The presenter of […]
The UK House of Commons parliamentary Defence Committee, with a role to examine British government action, has complained over the UK’s handling of the recent OneWeb predicament in having to switch rocket launchers. OneWeb had contracted with Arianespace which itself used Russian-built Soyuz rockets. The rockets were supposed to launch 6 batches of OneWeb satellites […]