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BREAKING NEWS & VIEWS

Media M&A On the Rebound
Friday, April 2, 2010

Although the Q1 2010 M&A market had a pretty low bar to exceed in year-to-year comparisons with Q1 2009, the change in investor attitudes in the last year is dramatic. The 234 deals in the media sector in the first three months of this year represent an increase of 70% from the 138 of Q1 2009. A Jordan, Edmiston Group report showed that the value year-over-year soared from $1.5 billion for the period last year to $8.2 billion in Q1 this year.

Compared even to the previous quarter, the deal volume was up 58%, although the dollar value fell 43% because of the absence of the huge transactions involving Springer Science and IMA Health late last year.




B2b media especially came back off of a dismal 2009 that was rife with bankruptcy filings. The number of b2b media deals soared to 14 from three in the year-ago period. The number of b2b online media transactions also jumped to 36 from a scant five. Database products were particularly hot, as this category has shown some of the best resilience to recession declines. Mobile media is also irrepressible, showing 300% growth in deal volume.




JEGI says that strategic buying continues to take the lead, with only 14% of transactions led by private equity.

If you have breaking news to share please contact Steve Smith at ssmith@accessintel.com

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