London-based indie rights administrator Compact Media Group has acquired UK rights consultancy Rights.tv.
Following the acquisition, Rights.tv has appointed Michelle Bruce to the role of business affairs director. Previously, she worked at Discovery Networks International as director of acquisitions and business affairs, and she also served as head of sales and acquisitions at TVF International.
In her new role, Bruce will be responsible for overseeing the London office and supporting expansion in the UK and internationally.
Rights.tv founder Andrew Baker (pictured) will remain on board as managing director and will relocate the business into Compact’s London offices.
Rights.tv will continue to offer business affairs services and commercial guidance to the film and television industry, but will now work alongside Compact to offer their clients a wider range of services.
The acquisition was backed by private equity investors Lyceum Capital, with Compact Media Group aiming to support Rights.tv’s growth strategy.
“As companies become more streamlined and agile in order to grow into new markets, they require service providers that can be elastic to their changing needs,” said John O’Sullivan, CEO of Compact Media Group. “Rights.tv has a strong track record of providing top business affairs advice for some of the industry’s finest broadcasters, production companies and talent agencies.”
“We are excited to be welcomed into the fold and thrilled about the potential this deal offers us,” added Andrew Baker, founder of Rights.tv. “As we move forward as part of Compact Media Group, Rights.tv is proud to be complementing the company’s rights offering to support clients through every stage of their business, from negotiation and exploitation through to rights collection.”
Rights.tv clients include Shine Group, Impossible Pictures, Wide Eyed Entertainment, Icon Films, Blink and Fresh Productions, while Compact recently signed on Shine Australia, Icon Films, Keo Films, Dragonfly Film & Television Productions and Zodiak Rights.