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With fewer megadeals in Q1, U.S. entertainment and media deals fall to lowest point in two years

Merger mania in entertainment may be cooling off in the U.S. In the first quarter, the value of merger and acquisition deals in the U.S. entertainment, media, and communications sectors totaled $10.4 billion, the lowest value since before 2014.

That’s the conclusion from PwC’s US Entertainment, Media & Communications (EMC) Deal Insights report. It also noted a slowdown from $12.3 billion in deals in the fourth quarter of 2015. However, the volume of deals, at 183 in Q1, was up 6 percent from the previous fourth quarter of 2015.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.