Investment banker Jordan, Edmiston Group says 1,758 transactions were announced with a total value of $106.2 billion. This is up in both areas versus the same nine-month period a year ago.
Media M&A activity is gaining momentum again. Last year marked a major comeback for media, information, marketing services and technology M&A activity. And while slightly less dramatic, related moves continued to gain speed during the first half of 2011, according to Jordan, Edmiston Group.
Over the next year to two years, 82% of media industry executives say “organic growth” will be the big driver of their businesses. The survey from media broker The Jordan Edmiston Group says “from the smallest digital start-ups to the largest global corporations, companies are planning to launch new products and services, make acquisitions, expand market share, and enter new markets and geographic regions.”