With 2021's clock still ticking, VC-backed media M&A is already topping last year’s total
The year is still months away from being over, but no more time is needed to declare 2021 as a particularly heady time for media M&A dealmaking.
That’s what’s suggested by data provided exclusively to Variety Intelligence Platform by Crunchbase, which found there have been 22 M&A deals involving venture capital-backed media companies that are U.S. based in 2021 YTD, a figure that’s up from 16 in 2020. The number of venture-backed media company M&A deals globally in 2021 YTD is already at 33, up from 26 in 2020.
For Crunchbase’s analysis, companies that were categorized as being in the news, publishing, journalism or podcast industry were counted. But even when companies categorized as being in the podcast industry are excluded, the number of media deals globally and in the U.S. only are already up from 2020.
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