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01.03.2012
Happy New Media Year: M&A Up 9% in 2011
The hot sectors of marketing services and tech helped drive mergers and acquisitions in the media sector up 9% in 2011 compared to 2010, representing a deal value of $47 billion, reports investment bank Jordan Edmiston Group Inc. (JEGI). There were 896 recorded transactions in the year, compared to 881 the previous year. Digital media and services were the key drivers of that growth, representing 71% of M&A activity. Nevertheless, consumer magazines saw 23% more deals last year, representing a 15% rise in deal value. Also strong among traditional media was the conference and expo area, which was up 39% in activity and 249% in deal value.
Full Article: http://www.minonline.com/news/Happy-New-Media-Year-M-and-A-Up-9-percent-in-2011_19664.html
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