The Ontario Interactive Digital Media Tax Credit (OIDMTC) is a refundable tax credit that supports the development of interactive digital media in Ontario. The tax credit funds 40% of eligible labour, marketing, and distribution costs. The maximum contribution per project… Read more »
Canadian Video Game Industry Continues to Thrive
It may come as no surprise that Canada now ranks 3rd worldwide in the video game industry according to the Entertainment Software Association of Canada. With game studios like Ubisoft producing blockbuster titles such as Assassin’s Creed 3, and a… Read more »
Ontario Interactive Digital Media Tax Credit (OIDMTC) FAQ
The OIDMTC is one of the biggest tax credit incentives in Canada – here are some frequently asked questions about the program. What is Interactive Digital Media? For the purposes of the OIDMTC, an Interactive Digital Media product has the… Read more »
Digital Media Funding – A Case Study
Kibooco is a Vancouver digital media start-up developing an interactive platform for children to design and create their own books. As a start-up, the team behind the Kibooco vision had to develop a strategy to finance their project, and looked… Read more »
Canada Media Fund initiates automated reporting with comScore
The Canada Media Fund (CMF) has announced the development of an automated digital media measurement tool to measure performance and efficacy of CMF-funded digital media projects, collaborating with digital analytics company comScore. The CMF first announced plans to establish a… Read more »
Tax Credits a Huge Draw for Game Studios to [Some Parts of] Canada
UK company Frontier Developments Ltd announced August 7 its plan to open a new game development studio in Halifax. The announcement rewards Nova Scotia’s “Your Studio Belongs Here” campaign, an initiative to entice game studios into relocating or expanding into… Read more »
OIDMTC: $38 Million Reasons to Invest in Digital Media
This morning, NorthBridge held a free informational webinar on the Ontario Interactive Digital Media Tax Credit (OIDMTC) titled “$38 Million Reasons to Invest in Digital Media.” The webinar, followed by an interactive Q&A session, met with great success, and we… Read more »
Interactive Digital Media Funding – CMF Case Studies
On Monday, the Canada Media Fund (CMF) announced a $14 million round of funding to 25 interactive digital media (IDM) projects as part of their Experimental Stream. CMF’s track record in its three years of doling out digital media funding… Read more »
Video Games Growing – And Branching Out, Canada
A report from NPD Group published earlier in June indicated a continued rise for Canada’s video game industry. From September 2011 to February 2012, game acquisition grew by 46%, with a 4% increase in revenue in the half-year period. Free… Read more »