Media M&A surge to unleash more deals and consolidation, says TMT Finance
By: TMT Finance
"The first half of 2018 has seen a noticeable surge of mega media deals coming to the table," commented Kezia Joseph, News Editor at TMT Finance. "These include the US$4bn sale of Endemol Shine, Raycom Media's US$3.65bn takeover by Gray Television and AT&T's US$85bn purchase of Time Warner, while on both sides of the Atlantic there remains the question mark surrounding Rupert Murdoch's media empire and the escalating bidding war between Comcast and Disney over Sky and 21st Century Fox," she said.
"We are also currently reporting on the ongoing sale of France's Asmodee, valued at E1.5bn, as well as Sportradar, valued at around E1.2bn, Private equity firm Bridgepoint has also hired Lazard to find a buyer for its 40% stake in Spanish sports rights owner and management firm Dorna, with the stake valued at over E1bn, as exclusively reported by TMT Finance," Joseph commented.
Amidst the wave of deal making in the global media sector, leading global media senior executives and investors will gather in London on November 29 for Media Leaders Summit 2018, amidst a bumper year of M&A activity in the global media sector, as reported on by TMT news and events specialists, TMT Finance.
Now in its third year, Media Leaders Summit 2018 will bring together the most relevant and important global Media company CEOs, CFOs, Heads of M&A and Strategy, alongside private equity and venture capital investors, investment bankers, financiers, advisers and regulators to discuss critical new strategies for growth, M&A and investment opportunities.
Supported by Linklaters and International Finance Corporation (IFC), the Summit will feature over 80 speakers across 20 sessions on Media Leadership Strategies, Mergers and Acquisitions, Investing in Innovation, Data analytics and User Personalisation, Raising Finance for Media, Digital Media Business Models, Sports Content Rights, Mobile Gaming, Broadcast and Satellite and many more.
The Media Leaders Summit 2018 is part of the TMT Finance World Congress 2018 (http://www.tmtfinance.com/
For more information or to register go to http://www.tmtfinance.com/
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