Media mergers and acquisitions transactions show a slightly uptick in the number of deals and overall volume in the first quarter 2014.
Led by TV station group LIN Media’s deal for
Media General for $2.6 billion, there were 434 overall media/marketing deals in the first three months of 2014 -- this versus 423 the quarter before and 417 against the first quarter of 2013, this
according to a study by New York investment banker Berkery Noyes.
Total value topped $25.8 billion. This was up slightly from the $25.1 billion in the fourth quarter 2013, and over four
times that the value of deals in the first quarter 2013.
The biggest category -- marketing -- continues to grow over the past year overall -- at around 160 deals in the first quarter 2014,
from around 140 in the fourth quarter 2013. During the first quarter 2013, deal volume was at around 130.
Internet media deals -- the next big category -- has stayed consistent over the
past year with just under 100 deals being done.
Also during the period came two deals from the Alibaba Group, the e-commerce and business-to-business portal business where Yahoo! owns a 24%
stake. The company purchased a 60% stake in ChinaVision Media Group, a television and film producer for $805 million. Alibaba also purchased AutoNavi Holdings, a digital mapping firm. Financial deal
points were not available.