The Deal
Sunday, November 8, 
12:58 pm

More media mergers, but at lower valuations

  Share     E-Mail    Discussion    Print Story
jordanedmiston.jpgThe "retooling" of the media and marketing industries drove mergers and acquisitions in the sectors during the first half of 2008, Jordan, Edmiston Group Inc. said in a Tuesday report.

Continue reading below

Also on Dealscape

The total number of deals in media, information providers, marketing and related technologies increased slightly, from 397 in the first half of 2007 to 404 in the first two quarters of this year. Deal value plummeted about two-thirds, however, from $65.8 billion to $23.2 billion during the comparable periods, reflecting the drop in multibillion dollar blockbusters.

Transactions in online media and technology and marketing and interactive services accounted for 72% of the deal volume in the sectors so far this year. Highlights included the €1.37 billion ($2.14 billion) merger of U.K.'s Taylor Nelson Sofres plc and Germany's GfK AG, Nielsen Co.'s $225 million buyout of IAG Research Inc. and the $850 million purchase of Bebo Inc. by Time Warner Inc.'s AOL division.

The online, marketing and interactive buyouts counterbalanced declining transactions in magazines, educational and professional publishing, newspapers and other areas. - Chris Nolter

See first half of 2008 M&A report from the Jordan, Edmiston Group (pdf)
See related story from Tech Confidential
See story about the merger of Taylor Nelson Sofres plc and GfK AG from TheDeal.com
See story about Nielsen Co.'s acquisition of IAG Research Inc. from TheDeal.com
See story about AOL's purchase of Bebo from Tech Confidential





Post a comment





The Deal Pipeline

Deal Video


Inside The Deal: Linklaters' Schmidt says how regulators handled Pfizer Inc.'s acquisition of Wyeth is an outlier of how others merger reviews will be conducted.


More video...

Crisis On Wall Street
Technology
Deals of The Decade

Community

Industry Insight

Dealing with frozen bank lending

If your bank is not willing to lend, what can you do as your company continues to seek growth?


Judgment Call

The coming age of the renminbi

The Chinese currency will play an increasingly important role in international commerce and finance.


Industry Insight

Banking on PE investments

Howls of protest greeted the FDIC policy statement, but the financial services industry should get over it.


footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg


©Copyright 2009, The Deal, LLC. All rights reserved. Please send all technical questions, comments or concerns to the Webmaster.