The move by Gannett Co. to buy Belo Corp., announced June 13, is among several big changes that will affect the St. Louis television market, leading to changes in oversight and potentially to fewer jobs.
The mergers and acquisitions marketplace for the media industry saw the total value of deals increase 9% from $43 billion in 2010 to $47 billion in 2011, according to The Jordan, Edmiston Group. The total number of deals increased 1.7% from 881 to 896.
NEW YORK (AP) — Skype is expanding even before it gets absorbed by Microsoft Corp. The online communications service said Monday that it plans to buy GroupMe, which provides group […]
Investment banking firm Berkery Noyes released data Wednesday showing M&A activity in the media and marketing sector increased 14% so far this year over the previous six months, while dollars spent soared 68%.The firm said there 644 transactions in the first half of 2011, up from 563 in the back half of 2010, while total value went from $17.3 billion to $28.9 billion.
