More than 800 deals in the sector were announced in 2021, a 27 percent increase over the prior year, at a total of $233 billion.
“As we head into 2022, deal activity continues at a vigorous pace, though it remains to be seen if regulatory changes could slow down activity,” the professional services firm said.
What impact does the state of the coronavirus pandemic have on deal activity and trends? “The real takeaway here is that transformative mega-deals in the media space may be on pause for the moment,” Bart Spiegel, U.S. entertainment & media deals leader at PwC, tells“There has been a significant shift in consumer patterns coming out of the pandemic, changes to the political environment and significant M&A over the last couple of years.
In that context, “content producers have become increasingly valuable,” PwC wrote. “The recently announced
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