Media M&A Leads to $40B in Deals

Share this content:

Media M&A Leads to $40B in Deals

By Mickey Alam Khan

The housing market slowdown and weakened business spending didn't curb third-quarter media and information merger and acquisition activity, according to a new report from investment bank Jordan, Edmiston Group Inc.

Eleven industry sectors tracked showed that acquirers closed 493 transactions in the period, up 24 percent from the year-ago period. The deals represented a total value exceeding $40 billion.

And Jordan, Edmiston said media and information M&A activity for the year is set to surpass 2005, when 508 transactions were completed.

That said, overall deal value is flat year over year because fewer huge deals were closed in the directory and online media sectors. Last year's highlight was the $1.8 billion sale of search engine Ask Jeeves to IAC, owner of Expedia, Ticketmaster and Match.com.

Jordan, Edmiston, New York, estimated the online media and marketing and interactive services sectors registered the completion of 131 and 116 transactions, respectively, for the first three quarters of this year. These sectors accounted for half of all the media and information deal activity.

A recent example of the M&A activity in online companies was the purchase this month by database firm infoUSA Inc., Omaha, of Digital Connexxions, a Canadian e-mail marketing services provider.

Other transactions closed this year include NBC Universal's acquisition of iVillage, Viacom-owned MTV Networks' purchase of Atom Entertainment and Reader's Digest's snatch-up of AllRecipes.com.

For a PDF of the chart click on the link below or cut and paste the link into your browser: 

 http://www.dmnews.com/cms/lib/6692.pdf

Loading links....

Sign up to our newsletters

Company of the Week

We recently were named B2B Magazine's Direct Marketing Agency of the Year, and with good reason: We make real, measureable, positive change happen for our clients. A full-service agency founded in 1974, Bader Rutter expertly helps you get the right message to the right audience at the right time through the right channels. As we engage our clients' audiences along their journey, direct marketing (email, direct mail, phone, SMS) and behavioral marketing (SEM, retargeting, contextual) channels deliver information relevant to the needs of each stage. We are experts at implementing and leveraging marketing technologies such as CRM and marketing automation in order to synchronize sales and marketing communications. Our team of architects and activators plan, execute, measure and adjust in real time to ensure the strategy is working as needed and change things if it's not.

Find out more here »

DMN's Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here