Vantis’ Media Group provides accounting, advisory and tax planning services to entrepreneurial media businesses. We help our media clients with specialist ad hoc services and offer support through every stage of their business life cycle.
Some examples of ways in which we have helped our media clients are detailed below:
- European broadcaster going through a group reorganisation:
Our media group acted and advised on the tax and financial accounting implications of a major group restructure exercise in the UK, after the acquisition of the parent company. This involved our detailed knowledge of international tax and also international accounting issues.
- Management Buy Out for advertising agency:
Our corporate finance specialists advised and successfully created a structure to achieve a Management Buy Out for the senior management team of one of the largest independent advertising agencies in the UK.
- Royalty audit – BBC:
Vantis’ Media Group conducted a royalty audit on the BBC on behalf of one of our independent television production company clients. Our detailed knowledge of the television sector and royalty audit experience enabled us to provide our media client with assurance as to the completeness of royalty income from programme transmissions and also from merchandising.
- Training seminars – BKSTS:
We have provided financial training for members of BKSTS The Moving Image Society, to enable owners and senior managers of media businesses to have the confidence to deal with all financial aspects of running a media company.
- Setting up overseas publishing subsidiary:
Our Media Group advised one of our UK based media clients on all aspects of the establishment of a trading subsidiary in the USA. Through our international network, HLB International, we were able to provide accounting, tax and legal support in the USA, and through our international expertise, ensured that any potential risks to the UK business were minimised.
- Management Buy Out deal:
In August 2007 our Corporate Finance team advised Octopus on the management buy out of T4Media. The deal was backed by HSBC. T4Media own the rights to advertising space on train ticket barriers and car park barriers. They have contracts with customers such as Vodafone, O2, Royal Bank of Scotland, Visa etc. For more information see their website.
If you would like to learn more about the advice and services we provide to the media sector please visit our services page.