Media, Entertainment M&A Cool Down In 1Q

Entertainment, media and communications companies aren’t getting hitched at the rate they once did, but when they do hook up, it tends to be a blow-out wedding. The volume of mergers and acquisitions in the sector during the first quarter of 2015 was at its lowest point in two years, with 198 total deals, according to a new report by research and accounting firm PwC. However, the value of those pacts topped $39 billion, representing a 144% increase from the previous quarter.