Friday, March 14, 2008

Media Merger Mania

This article suggests lots of M&A activity will be occurring. Not a very earth shattering proclamation. Already, we have the planned merger of Sirius and XM Satellite, the sale of The Weather Channel, Bebo's sale to AOL, among those known. So what of the Charter for sale and will Time Warner and Comcast split the subs. Is Hallmark off the block or just waiting for a better offer. Is Comcast still interested in buying Disney or another programmer. Is CBS looking to add to its assets. And what of all the new media sites, financed by venture capital, and obviously looking for a payout. Merger mania, no, simply normal business transactions.

Media mergers is not new; big fish buy little fish. It is the natural order.