Bertelsmann made 70 investments globally in 2017

RTL Group’s parent company Bertelsmann made more than 70 investments worldwide in 2017 through its Bertelsmann Investments division. Its investments included a leading a US$20 million financing round in US-based video creation platform Wibbitz in October. Wibbitz offers software that lets news publishers convert text into videos by using artificial intelligence. Its other investments included […]

TF1 looks to automated text-to-video future with Wibbitz

French broadcaster TF1 has struck a partnership with text-to-video technology specialist Wibbitz to enhance the digital offerings of its LCI news channel. LCI will begin using the technology to generate video content for its Metronews website this summer. Content will also be generated for LCI’s soon to be launched 24-hour video-focused digital platform. TF1 said […]