Missed this one, but interesting…I cover the biz information sector, and according to this story, subscription-based data services have been selling fast, and at high premiums.
According to the Jordan, Edmiston Group, in Q1 of this year, there were 11 deals involving database information, with an aggregated value of $463 million.
“It’s typical at the end of an advertising recession for people to look at other revenue streams,” says Scott Peters, managing director at JEGI. “And databases are almost always going to be valued higher because of their lower risk and dependability.”
Related:
– Newsletter Acquisition Deals Increase
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