Digital media deal value surges in first half of the year

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New York—The value of digital media mergers, acquisitions and capital raises totaled $20.3 billion in the first half of the year, an increase of 126% over the same period in 2010, according to a report released by Peachtree Capital Advisors, an investment bank. The report, “2011 Midyear Digital Media M&A Review,” said the deal value increased even though the number of deals in the first half declined 13%, to 491. Microsoft Corp.'s $8.5 billion deal for Skype accounted for much of the increase in deal value, according to the report. The number of deals in the mobile and e-commerce sectors increased markedly, but deals in b-to-b declined from 17 in the first half of last year to three in the same period this year. The report is available here.
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