Updated: Digital Media M&A Activity Slowed To Crawl In H109; Strategics Rule
PaidContent Jul 01 09
Updated below with another similar survey: If case you needed confirmation, yes, it was a miserable first half of the year for dealmaking in digital media. There was $5.4 billion worth of deal activity in the Online Media & Technology and Marketing & Interactive Service segments combined, which was a drop of 76 percent from the $22.5 billion figure during the same period in 2008, according to the Jordan, Edmiston Group. In all, there were about 300 media deals in the first half of the year (of which digital media accounted for about half) vs 426 in the same period a year ago. Full story...
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