Entertainment Technology & Media News

Media Deals Sink In Q3, Stocks Decline 11/13/2015

https://i0.wp.com/media.mediapost.com.s3.amazonaws.com/dam/cropped/2015/11/12/nasdaq-188_Arf43p9.jpg

Media Deals Sink In Q3, Stocks Decline

Media deals and values slowed down in a big way in the third quarter. Deal volume dropped 70% to $23 billion from $76 billion in the second quarter of this year, according to a PwC entertainment/media report. In advertising/marketing, there were 58 deals in the third quarter, with $427 million in deal value — down from $1.2 billion in the second quarter.

http://www.mediapost.com/publications/article/262518/media-deals-sink-in-q3-stocks-decline.html