Big Tech Acquisitions of Media Companies Are on the Horizon – Who’s Next? | PRO Insight

In this down market, major entertainment businesses have become affordable merger and acquisition targets

Media Merger
Photo illustration by TheWrap, Getty Images

Lots of pain all around in this down market and amid these challenging economic times. But with pain comes opportunity, and the media and entertainment business is no exception. All of a sudden, deals that were well out of reach have become affordable. Many, in fact, become downright bargains. Meanwhile, companies pummeled by Wall Street have become increasingly open (several even desperate) to at least actively explore (and ultimately consummate) strategic alternatives with a cash-rich sugar daddy or mommy. All that makes for fascinating speculation about who’s next in this great game of media and entertainment chess. (Note: I moderate an M&A panel of experts about just this subject on Wednesday