News this week: Last week, the Jordan Edmiston Group, Inc. (JEGI), a media-focused investment bank, released its report on M&A activity in the U.S. media market covering the first six months of 2011. JEGI reported that the total value of U.S. media deals increased 15% from US$20 billion in the first six months of last year to US$23 billion in the first half of 2011. The total number of deals was up 52% to 484 in the first half of 2011 from 471 in 2010.
The number of acquisitions in the B2B online media sector increased from 26 in the first half of 2010 to 39 transactions in 2011. The deal value was US$3.1 billion, up from US$363 million last year. The majority of the transaction (US$2.4 billion) was from eBay’s acquisition of GSI Commerce.
There were only eight transactions in the B2B media sector valued at US$23 million in the first half of 2011, down from 23 transactions (US$87 million) in 2010. The exhibitions & conferences sector jumped 184% in deal value from US$58 million in the first six months of 2010 to US$165 this year. However, the number of transactions was down one deal to 11 in the first half of 2011.
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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