The Spanish Society for Technological Transformation (SETT), Secuoya Content Group, and Société Générale have joined forces to establish Aurora Media Inversiones, a €200 million investment fund to accelerate the growth of Spain’s audiovisual industry.

Speaking at Rio2C, Rio de Janeiro Mayor Eduardo Cavaliere announced a $45 million investment into the city's cultural and audiovisual sectors.

Channel 4 is on the hunt for "bold, returnable" British unscripted formats, launching a proof-of-concept development fund.

Ireland is introducing the first tax credit in Europe specifically for unscripted programming.

U.K. production company Zig Zag has established a Special Purpose Vehicle (SPV) for new film, TV and sports entertainment properties with Seventy7 Ventures.