Fuelling the development of its automation and orchestration software solutions for the Media & Entertainment industry, Embrace has finalised what it says is a significant finance round with two angel investors, Alexandre Sidommo and Stéphane Barus, of Hilectra and Financière Paoje.
Noting that it is having to navigate a tough economic climate but that it has a clear long-term strategy to continue to deliver for customers, leading UK operator Virgin Media O2 has reported a second quarter with positive revenue performance and EBITDA growth but with falls in subscribers.
Marking its third business acquisition in the past 12 months, expanding its reach across captioning workflows and adding encoding, signal conversion, monitoring and other capabilities, TV automation firm ENCO has acquired DoCaption.
Media giant Liberty Global has taken a key step in its bid to effectively fully control Telenet, revealing acceptance of the public takeover bid by its subsidiary Liberty Global Belgium Holding for all the shares of the leading Belgian telco that it did not already own or that were not held by the operator.
Just days after it officially switched on its network, full-fibre network provider nexfibre has received a £250 million debt investment from the UK Infrastructure Bank, boosting its £4.5 billion project to roll out its gigabit broadband network to 5 million homes and businesses across UK by 2026.
As part of its bid to become the UK’s top nations and regions production company, the production business of Scottish broadcaster STV, STV Studios, is to bring Greenbird Media’s network of 15 independent production companies into its family of labels.
