• The Drum, Wednesday, December 18, 2013 2:57 PM

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.

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