The change in morphology of a polymer matrix upon the introduction of carbon nanotubes is characterized in this study. Multi-walled carbon nanotubes were dispersed in the conjugated copolymer poly(m-phenylenevinylene-co-2,5-dioctyloxy-p-phenylenevinylene) (PmPV) to produce a composite material. Photoluminescence (PL) measurements show a reduction in PL efficiency as the nanotube content is increased. Electron microscopy studies have shown an ordering of the polymer around the nanotubes allowing a layer thickness of 25nm to be estimated. This observed thickness agrees well with the expected value of 55nm calculated using a model relating the PL decrease to the changes in conformation that result from polymer - nanotube interactions. Differential Scanning Calorimetry (DSC) and Fourier Transform Infrared Spectroscopy (FTIR) techniques have been employed to investigate how the polycrystallinity of the polymer is affected due to the presence of nanotubes. The results indicate an increase in polymer crystallinity occurs due to an interfacial interaction between the polymer and the nanotube.