Internet entrepreneur and academic Alex Connock answers the question what will make British media businesses world class in the next decade. And his findings are three words: creative, online and global.
Business angel network Envestors has closed a £1 million fundraising for Olly Limited, the company that produces animated children's TV series Olly the Little White Van.
Compact Media Group, an independent entertainment rights administrator, has acquired rights consultancy Rights.tv for an undisclosed amount in a deal backed by private equity investors Lyceum Capital.
Venture capital firm Northstar Ventures has injected £50,000 into I Am Nasrine, a film backed by actor Sir Ben Kingsley, through the Finance for Business North East Creative Content Fund.
UK-based online television and entertainment platform SeeSaw has been acquired by a consortium of investors led by Adam Levin, managing director of Criterion Capital Partners.
Mobile music specialist Shazam has secured $32 million (£19.9 million) in a fresh funding round as the company moves into television, five months after signing a partnership with online music provider Spotify.