The pace of media M&A in 2022 so far this year is slower than last year, and transaction values are down significantly. By this time last year, media M&A transaction volume reached $143 billion compared with just $18 billion so far this year. Excluding 2020, that is the lowest total going back to 2013. With just three months left in 2022, it is hard to see this year’s media M&A activity surpassing last year.
Source: Shrinking M&A Appetite Spells Bad News for Digital Media