QTV.
QTV was founded in 2011 to transform coverage of minority sports. By 2018, it secured a multiyear production contract with World Archery, establishing itself in the global sports broadcast market.
In 2020, QTV won a five-year contract with the Scottish Professional Football League (SPFL) introducing remote production workflows to the coverage of Scottish Premiership and reducing the carbon footprint of live broadcasting.
COVID-19 severely disrupted sporting events around the world, but UKSE provided a £100,000 CBILS loan to sustain the core operations during lockdown.
In 2022 the company returned to rapid growth, and a £750,000 investment from UKSE helped QTV build a state-of-the-art broadcast facility at Clydesdale House in Glasgow.
A further £500,000 from UKSE in 2023 expanded production capabilities, laying the foundation to win its first multiyear contract with Sky Sports and establish an operating base in Leeds . UKSE’s support has been key to QTV’s growth, technical development, and job creation.
How we did it.
At UKSE, we understand the challenges that come with scaling a business in a highly competitive sector. Our investment approach is based on flexibility, understanding, and long-term partnership. We recognised QTV’s potential early on and provided essential funding through both debt and equity investment at critical stages of their growth journey.
Relationships are key to successful investment, and we worked closely with QTV to support their vision. Our initial support to help QTV secure a CBILS loan allowed them to navigate the challenges of COVID-19, while our follow-on equity investment allowed the firm to realise its ambition of creating a world-class production hub in Scotland.
The Results.
Investment success
With UKSE’s support, QTV has transformed from a growing challenger to a key player in the UK sports broadcasting industry, delivering high-profile contracts with the SPFL and Sky Sports.
Scotland’s sports broadcasting hub
The investment has enabled QTV to build and expand Clydesdale House, creating a cutting-edge production centre that serves as a hub for sports broadcasting in Scotland and beyond.
Significant job creation
Since UKSE’s investment, QTV has grown from 12 to 50 employees, creating dozens of highly skilled jobs and contributing to Scotland’s creative economy.
