Jordan, Edmiston: Media M&A activity reaches record high in 2007

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New York—The media and information M&A market last year saw 838 transactions with a combined value of $109 billion, up 32% and 79%, respectively, from 2006, according to a report released Monday by media investment bank Jordan, Edmiston Group. Both the volume and value of the deals were records.

The online media and marketing services sectors led the charge in 2007 with a combined 555 transactions valued at $43 billion.

Reflecting the continuing softness in print media, the b-to-b magazine sector slowed in 2007. The number of trade magazine deals fell to 38 from 42 in 2006, while the deal value fell to $3.2 billion, from $6.0 billion in 2006. The number of exhibitions and conferences deals rose to 66 in 2007 from 52 in 2006, while the deal value climbed to $1 billion from $875 million.

—Matthew Schwartz

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