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Mixed Picture for M&A in Q1: PwC

Despite an uncertain regulatory environment, the number of deals done involving companies in the entertainment, media and communications business rose in the first quarter, according to PwC.

According to PwC, there were 256 deals in Q1, from 194 in Q4 2016 and 183 in Q1 2016.

However, the dollar value of those deals lagged. The first quarter deals were worth $10.4 billion, down from $125.9 billion in the fourth quarter and flat with a year ago.

Read more at B&C.

Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.