TV consultant Compact Media Group has acquired financing firm Anian as it seeks to boost its scripted business.
The deal will result in Compact’s Rights.tv division, run by former ITV exec Andrew Baker, expanding its service to help producers raise funds through public sources, including the EU Media Fund. It will also help indies access tax credits in countries such as Australia and Canada.
As part of the deal, Rights.tv has hired Angela Amanchukwu to head its scripted division. Amanchukwu was previously legal and business affairs manager at UKTV.
Anian was established by Gwion Owain, head of the EU’s media programme in Wales and former chief executive of Welsh producers’ association TAC.
It has worked with producers including Fiction Factory and All3Media to secure funding for Welsh detective drama Hinterland.
Baker said Anian’s ability to raise non-broadcast funding was being used by “some of the UK’s most successful producers”.
He added: “Acquiring the company will support our strategy of offering end-to-end advice on everything from securing funding to business affairs, to production and exploitation.”