After record deal-making in 2021, the number and dollar value of M&A in media and telecommunications fell during the past 12 months through November, according to the latest report by PwC. There have been 3,772 deals, a 26% year-over-year drop. The dollar value of M&A totaled $624 billion, an 18% dip, the firm said in its biannual U.S. Deals Outlook.
Source: Media & Telecom M&A Fell In 2022, But It’s A Good Time For The “Well-Capitalized” And The “Bold”