A surge in demand for content, big companies shedding non-core assets and consolidation in digital media led to a massive rebound in entertainment M&A in 2021, ushered in by two landmark combinations in April and ending with an drumbeat of deals in December.Momentum is seen continuing into 2022 with a major asset, Starz, officially on the block (and by extension probably all of parent Lionsgate).
Big broadcaster Tegna is formally fielding offers. Kevin Mayer and Tom Staggs’ active Blackstone-backed media company is adding Faraway Production, and the principals tell Deadline they’ll continue to eye deals in content, social media storytelling and related e-commerce.All players, big and small, are scrutinizing their assets and exploring
Read more on deadline.com
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