Media sector-focused investment bank AdMedia Partners has come out with a report/survey about the prevailing sentiment in the media sector about the M&As in the industry and prospects for 2006.
The survey among media companies indicated EBITDA multiples are expected to remain at last year’s historically high levels and integration of digital content will be a critical component for media companies in 2006.
With the exception of newspapers, where EBITDA multiples have slipped from an average of 10-13x down to 9-10x in the past year, and interactive media, where they have soared, topping out at 14x EBITDA, multiples of EBITDA that respondents currently expect to pay or be paid in most media sectors remain consistent with last year’s historically high levels.
The 9-page report can be downloaded from here (PDF link)
Subscriber content
?
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe.
Advertisement
Advertisement
Advertisement
Comments have been disabled for this post