Following record levels in 2021, merger and acquisition activity in the media and telco slowed this year but still remained above pre-pandemic levels, per PwC.
Despite increasing interest rates, the stock market decline in the tech sector and a potential recession, M&A business among media and telcos is heating up.
Research from PwC indicates that deal activity in the media and entertainment space will continue at a “vigorous pace” in 2022, powered by the demand for content from streaming platforms, 5G rollouts and strong interest from private equity buyers.