The Jordan, Edmiston Group, Inc. (JEGI), released its U.S.-focused media M&A report for the first three quarters of 2013. In the nine-month period, a total of 1,057 media-related transactions were recorded with a value of US$67.5 billion. That compares to 1,047 transactions valued at US$55 billion recorded in the same period last year. JEGI noted the giant merger of ad agencies Publicis/Omnicom accounted for US$21.9 billion of that figure. Excluding that deal, the overall transaction value decreased by 23%.
Meanwhile, in 2013, the B2B media sector’s deal value increased 80% from US$235 million to US$423 million, with transactions increasing from 24 to 29. The exhibitions & conferences sector posted 45 transactions in the first nine months of the year – valued US$2.3 billion. This compares favourably to the 38 transactions valued at US$646 million in the same period last year.
Source: Business Strategies Group Hong Kong – www.bsgasia.com