Led by a surge of activity involving B-to-B magazines, database services, newsletters, and online properties, the marketplace of media industry M&As heated up during the first half of 2004 vs. the same period in 2003, according to a tracking study by investment banker Jordan Edmiston Group.
The number of media M&A deals soared 26 percent to 173 during the first half, while the market value of those transactions rose 102 percent to $7.681 billion.
The most active sectors were information database services and newsletter publishers, which each saw the number of M&A deals double over the first half of 2004.
(If you want a more relevant and detailed study on M&A in the digital media sector during Q2, wait for our “Digital Media Deals” report, to be released later this week…meanwhile the Q1 report is here, if you’re interested…)
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