KPMG's Media Chief Predicts Rise In Industry M&As

The Drum, Wednesday, December 18, 2013 2:57 PM
  • Comment
  • Recommend
Subscribe to Online Media Daily Europe

Tags

Better economic conditions and convergence are likely to increase mergers and acquisitions activity in the media sector in 2013, according to KPMG’s head of media, David Elms. M&A activity fell in the first three quarters of 2013, from 933 deals worldwide in 2012 at a value of $46.08bn to 854 deals this year at a value of $27.6bn. However, the changing nature of the industry means companies will be forced to change strategy to move forward, and improving economic conditions should make next year a more stable environment.

Read the whole story at The Drum »

Be the first to comment on "KPMG's Media Chief Predicts Rise In Industry M&As"

Leave a Comment

Sign in to leave a comment. Don't have an account? Join Now

Recent Online Media Daily Europe Articles

>> Online Media Daily Europe Archives