Friday, October 11, 2013

US$67.5 billion of media M&A activity in U.S. in past nine months

News this week: Earlier this week, The Jordan, Edmiston Group, Inc. (JEGI), released its U.S.-focused media M&A report for the first three quarters of 2013. In the nine-month period, a total of 1,057 media-related transactions were recorded with a value of US$67.5 billion. That compares to 1,047 transactions valued at US$55 billion recorded in the same period last year. JEGI noted the giant merger of ad agencies Publicis/Omnicom accounted for US$21.9 billion of that figure. Excluding that deal, the overall transaction value decreased by 23%.

In the first nine months of 2013, the B2B online media & technology sector recorded 53 transactions with a deal value of US$402 million – a drop of 97% in terms of deal value compared to the US$11.7 billion recorded in 2012. In the same period last year, the US$11.7 billion were spread across 70 transactions – including the US$7.1 billion Alibaba/Yahoo buy back deal.

Meanwhile, in 2013, the B2B media sector’s deal value increased 80% from US$235 million to US$423 million, with transactions increasing from 24 to 29. The exhibitions & conferences sector posted 45 transactions in the first nine months of the year - valued US$2.3 billion. This compares favourably to the 38 transactions valued at US$646 million in the same period last year.

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our website to find out more about this service. You can also follow us on Twitter for all the latest updates.

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