Ontario Media Development Corporation

New Directions in the Financing of Interactive Digital Media in Canada

The study, New Directions for the Financing of Interactive Digital Media in Canada, was prepared by Communications MDR for the Canadian Interactive Alliance and funded in part by the Ontario Media Development Corporation, the Canada Media Fund, the Bell Fund, Canadian Heritage, the CMPA and the National Film Board.

• Canadian VC investment volumes fell from a peak of $3.7 billion in 2000 to $1.1 billion in 2010, according to the document.
• Approximately three-quarters of Canada's 2,960 digital media companies are small and medium-sized, and more than 50% of companies are small, reporting annual revenues below $250,000.
• The authors identify early-stage financing as the first finding, citing repeated stakeholder statements that young companies with high-growth potential need greater access to investment.