Media M&A value up 52% in first three quarters
October 1, 2012, 12:16 pm EDT
New York—The number of media deals rose almost 49% during the first three quarters compared with the same period in 2011, while total value increased 52%, according to a report by media investment bank Jordan, Edmiston Group.
The 946 transactions during the first three quarters of this year had a combined value of $49.4 billion, compared with 635 deals valued at $32.5 billion during the first three quarters of 2011.
There were 24 b2b media deals, up from 11 in the year-earlier period; the value rose to $235 million, from $38 million.
Deals for exhibitions and conferences totaled 39, up from 18, while value rose to $648 million from $371 million.
B2b online media transactions totaled 71, up from 54, while the value increased to $11.6 billion from $5.8 billion.