Berkery Noyes Advises Kiplinger Washington Editors, Inc. (Kiplinger) in its Sale to Dennis Publishing
Corridor Capital Invests in Retirement Planning and Financial Education and Marketing Services Platform
Berkery Noyes Advises Barron’s Educational Series in the Sale of its Test Prep, Study Aids, and Foreign Language Assets to Kaplan
Berkery Noyes Advises BE Press, a Leading Service Provider Used by Academic Institutions to Showcase Their Research, in its Acquisition by Elsevier
Berkery Noyes Advises Verisys’ Shareholders on the Company’s Growth Investment from Spectrum Equity and Cressey & Company
Career Step Acquires Panacea Healthcare Solution’s Revenue Capture and Coding and Documentation Divisions
Ebix Enters the Health Continuing Education and Wellness Markets by Acquiring Birmingham-Based Oakstone Publishing, LLC
i2i Events Group continues its international expansion with the acquisition of and multi-year, long term partnership with Money20/20
LRP Publications’ Sale of its Public Employment Group and its Bankruptcy/Banking Products Group to Thomson Reuters
National Marine Manufacturers Association (NMMA) has acquired the New England Boat Show from North American Expositions Co.
Investcorp to Acquire Randall-Reilly, a Leading Media and Information Company Focused on Trucking and Construction Markets
Berkery Noyes Represents DocuLex In Sale Of Discovery Cracker Product To CT, A Wolters Kluwer Business
Berkery, Noyes & Co. represents Fawcette Technical Publications, Inc. in its sale to 1105 Media, Inc.
Berkery, Noyes & Co. represents Elsevier, Inc. in its divestiture of Endeavor Information Systems, Inc.
Berkery, Noyes & Co. advises ClearStory Systems on its divestiture of Document Solutions Business to Datawatch Corporation
Q3 2019 Media & Marketing Industry Trends
Three of the industry’s top five largest transactions year-to-date occurred in Q3 2019: Thomson Reuters and Blackstone’s sale of Refinitiv, a financial data analytics provider, to the London Stock Exchange for $27 billion; Viacom’s merger with CBS Corporation for $19.9 billion, and Hasbro’s announced acquisition of Entertainment One, an independent studio, for $4 billion.
1st Half 2019 Media & Marketing Industry Trends
The largest deal in 1st Half 2019 was Sinclair Broadcast Group’s announced acquisition of 22 Fox regional sports networks from Disney for $10.6 billion. Of note, Disney was required to sell its regional sports networks in order to obtain regulatory approval for its acquisition of 21st Century Fox’s entertainment division for $66.1 billion.
Q1 2019 Media & Marketing Industry Trends
Media & Marketing transaction volume increased five percent over the past three months, from 371 to 388. Aggregate value fell 56 percent, from $27.1 billion to $12 billion. Of note, the industry’s five largest deals in Q1 2019 accounted for $4.4 billion in value, compared to $10.6 billion in Q4 2018 and $20.2 billion in Q1 2018.
Full Year 2018 Media & Marketing Industry Trends
The industry’s two largest deals in 2018 were completed by private equity firms. Both of these transactions occurred in the B2B Publishing and Information segment.
Q3 2018 Media & Marketing Industry Trends
The largest transaction in Q3 2018 was the announced acquisition of Dun & Bradstreet by an investment consortium that includes Thomas H. Lee Partners and CC Capital, for $6.7 billion. Dun & Bradstreet provides commercial data, analytics, and insights for businesses.
1st Half 2018 Media & Marketing Industry Trends
The largest strategic deal in 1st Half 2018 was Informa’s announced takeover bid of UBM for $6.17 billion, which will create the world’s most extensive B2B events group. As a result of the merger, Informa’s shareholders will own 65.5 percent of the enlarged company with UBM’s shareholders owning the rest.
Q1 2018 Media & Marketing Industry Trends
Media & Marketing transaction volume decreased six percent over the past three months, from 395 to 370. Aggregate value fell 66 percent, from $80.7 billion to $27.5 billion. This was due in major part to The Walt Disney Company's announced acquisition of 21st Century Fox for $66.1 billion in Q4 2017. Total value gained 32 percent on a year-over-year basis.
Full Year 2017 Media & Marketing Industry Trends
The industry's largest deal in 2017 was The Walt Disney Company's announced acquisition of 21st Century Fox, which includes the Twentieth Century Fox Film and Television studios, along with cable and international TV businesses, for $66.1 billion.
Q3 2017 Media & Marketing Industry Trends
The largest transaction in Q3 2017 and year-to-date was Discovery Communications' announced acquisition of Scripps Networks Interactive, a developer of lifestyle content for television and the Internet, for $11.9 billion. Scripps Networks Interactive is well known for several of its brands including HGTV, Food Network, Cooking Channel, and Travel Channel.
1st Half 2017 Media & Marketing Industry Trends
The industry's largest deal in 1st Half 2017 was Sinclair Broadcast Group's announced acquisition of Tribune Media Company for $6.55 billion. Tribune owns or operates 42 television stations in 33 markets, cable network WGN America, digital multicast network Antenna TV, minority stakes in the TV Food Network and CareerBuilder, and a variety of real estate assets.
Q1 2017 Media & Marketing Industry Trends
Media & Marketing transaction volume underwent a two percent uptick over the past three months, from 441 to 451. Aggregate value fell from $145 billion to $15.8 billion. Of note, two of the industry's top three highest value acquisitions last year occurred in Q4 2016. This included AT&T's announced acquisition of Time Warner for $105.3 billion. If the Time Warner deal is omitted, value decreased 59 percent, which was about the same decline when examined on a year-over-year basis.
Full Year 2016 Media & Marketing Industry Trends
The largest deal in 2016 was AT&T's announced acquisition of Time Warner for $105.27 billion, or $85.4 billion excluding net debt. This was the highest value acquisition ever tracked by Berkery Noyes in the Media & Marketing Industry. AT&T is planning to diversify its business beyond telecommunications with Time Warner's vast array of programming.