Television content producer mergers and acquisitions more than doubled between 2013 and 2017, spiking significantly last year, an Ihs Markit report suggests.In all, according to the study, Content Producer Merger & Acquisitions, 2013-17, over the period M & A activity powered up at a 19.4 percent compound annual growth rate (Cagr), increasing from 42 deals in 2013 to 102 deals in 2017.
The building trend reflects the vital importance of the ownership of TV programming rights.“The rising number of industry mergers and acquisitions annually was fueled by a number of factors,” said Tim Westcott, director of research and analysis for programming, Ihs Markit.“As advertising comes under pressure and audiences stray to on-demand platforms, broadcasters are exploring new revenue sources from content production and distribution.” Westcott added: “With increasing competition between traditional linear channels and online players, creating your own television content is a stronger option than licensing from third parties.”In some regions, Latin America, for instance,
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