DED aims to attract media firms to Island

£25 million fund being made available

Twenty-five million pounds is being made available to attract new broadcast media companies to the Island.

It's after government announced a change of use for the Media Development Fund, which is managed by Pinewood Pictures.

The change comes alongside plans by Island-based SES Satellite Leasing to build four new satellite dishes here, to expand capacity and improve infrastructure.

Also being made available is the Department of Economic Development's Enterprise Development Scheme.

Special Advisor for Broadcast Media at DED is Stuart Semark.