Tag: M&A

NEW YORK: PwC’s latest report on merger and acquisition activity in the American media business projects that “foreign buyers armed with cash, particularly from China,” will be increasingly active in the film and content sector this year.

PwC is projecting that 2016 will see “robust” merger and acquisitions (M&A) activity in the U.S. entertainment, media and communications (EMC) sector, driven by companies’ need to build presence, scale and digital value chains. According to PwC’s US Entertainment, Media & Communications Deal Insights report, U.S. deal value in 2015 was $149 billion, a 13-percent increase on the year-ago period. Deal volume was down 7 percent to 818. Q4 was one of the slowest M&A quarters in recent history, PwC said.