After Record Downturn, Media M&A Shows Signs of Rebound


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A cocktail of adverse economic factors has brought the number of merger and acquisition deals in the media sector this year to its lowest level since 2020, according to financial data provider LSEG Deals Intelligence.

But a recent swell of positive indicators—including, in time for the fourth quarter, a general market upswing and a resurgence in ad demand—suggests that activity in the space could resume by the turn of the year, according to interviews with media analysts and M&A advisers. 

“There

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