Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.
NEW YORK The newfound interest of traditional media companies in the fast-growing Internet sector has set off a sharp rise in merger activity, according to a new report.
Jordan, Edmiston Group, a New York merger advisory company, said the number of online media deals rose to 70 in the first three quarters of this year. The same period last year saw 61 mergers and acquisitions.
The value of Internet deals has grown even faster, with the 70 2005 deals worth $8.1
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in