The Deal
Saturday, November 21, 
3:40 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: Avaya Inc.'s Mohamad Ali on the company's next target.


More video...

Crisis On Wall Street
Technology
Deals of The Decade

Community

Industry Insight

Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


Industry Insight

Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.


Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.


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.