Iconic Labs, run by three former execs from UNILAD, have said that if their bid is successful, they intend to enter into a management services agreement where they will manage the JOE assets.

Many upcoming releases have had their productions postponed until further notice which has led to producers taking matters into their own hands and looking into new ways of production.

Channel 4 recently revealed plans to become the only UK broadcaster to offer a slate of social-first branded content to brands and advertisers for publication across its social channels – including Facebook, YouTube and Instagram.

The British company, Plessey, founded in 1917 and now a tech developer at the forefront of microLED technology for augmented and mixed reality (AR/MR) displays, has just done a deal with Facebook to help them achieve their vision of the next computing platform centred around people.

The reasons America, and particularly Silicon Valley, dominate media and tech are due to the flow of talent, capital (lots of it), and technology, as well as favourable regulatory conditions and a large market with which to try out ideas.