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Third-quarter media and information merger and acquisition activity was up 24 percent from the same period last year, according to a new report from investment bank Jordan Edmiston Group Inc.
Eleven industry sectors showed a total of 493 transactions closed in the period, representing a total value of more than $40 billion, writes DM News. For the year, M&A activity is expected to surpass activity during 2005, when 508 transactions were completed.
The year-over-year overall deal value is flat, however, due to fewer enormous deals closing in the directory and online media sectors. Last year, for example, Ask Jeeves was sold to IAC for $1.8 billion.
Transactions of note closed this year include NBC Universal’s acquisition of iVillage, MTV Networks’ purchase of Atom Entertainment and Reader’s Digest’s purchase of AllRecipes.com.
The article includes a chart of transactions here.
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Comedy Central is building on the success of its two wildly popular fake-news programs, The Colbert Report and The Daily Show, adding a show called Chocolate News.
The new show will star David Alan Grier as the pompous host of…
Prices of list rentals are declining across the board and – for the first time ever - show a downward trend in every B2C and B2B category tracked, according to Worldata’s Fall 2008 List Price Index (see table), writes MarketingCharts.
Permission-based email…
Custom publications are being increasingly produced by specialty editors and designers (73%) rather than by those in communications roles, according to a study conducted by the Custom Publishing Council (CPC) in cooperation with Publications Management, writes MarketingCharts.
The survey, “Staffing and Compensation:…
