Ingenious Media Active Capital (IMAC) has completed an investment of up to £4.15m in Community Television Networks (CTN). The investment is to be formally adopted by the shareholders of CTN at an EGM on 8 March 2007.

Ingenious Media Active Capital (IMAC) has completed an investment of up to £4.15m in Community Television Networks (CTN). The investment is to be formally adopted by the shareholders of CTN at an EGM on 8 March 2007.

Through its wholly owned subsidiary Community Communications Networks (CCN), CTN offers local government partnership bodies, including the local police, fire and health services as well as local councils, a private network of screens and the content and support required to operate a local communication network.

The screens are installed in locations through the locality where people congregate due to high footfall or long dwell times. These include hospital waiting rooms, schools, fast food outlets and leisure centres and provide the local partnership bodies with a local broadcast platform enabling them to communicate directly with the public across a full range of local and national public initiatives.

IMAC director Patrick McKenna notes that this is the firm’s fourth investment and more can be expected over the next few months. ‘Our investment will enable [CTN] to rapidly scale and further its ambition of rolling out the service nationally,’ he says.