Canada’s next-gen digital sector requires new forms of capital to compete globally

Latest study unveils industry growth opportunities through more private investment
(See below for a link to a PDF of the study.)

(TORONTO and BANFF, June 12, 2012) Increased private capital is the missing link for building up successful interactive digital media companies in Canada, according to a new report commissioned by the Canadian Interactive Alliance / l’Alliance Interactive Canadienne (CIAIC).

New Directions for the Financing of Interactive Digital Media in Canada is released by the CIAIC with research conducted by Communications MDR and authored by Maria De Rosa and Marilyn Burgess, in partnership with the Ontario Media Development Corporation (OMDC), Canada Media Fund (CMF) nand the assistance of the Bell Broadcast and New Media Fund, Department of Canadian Heritage, National Film Board and the Canadian Media Production Association.

The newly released study takes an in-depth examination at the current financing landscape for Canada’s interactive digital media industry. Additionally, it assesses the effectiveness of financial mechanisms that support the sector including from the private sector, and identifies potential new financial vehicles that are of interest to the OMDC, CMF and other relevant funders. [Read more…]

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