Media M&A deal value declines 65% in first half

July 1 - BtoB Marketing - Total deal value for M&A media transactions plunged to $23.2 billion in the first half, down 64.7% from $65.8 billion in the first half of 2007, according to Jordan Edmiston Group.

However, despite economic pressures, deal activity actually increased in the first half, with 404 M&A media transactions completed during the period, compared with 397 in the first half of last year.

The largest decline was seen in deals valued at more than $1 billion, with only four transactions with a combined value of $9.6 billion completed in the first half, down from 11 deals worth a combined $46.3 billion in the first half of last year. Read More.