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Multichannel News: Fueled by two major deals involving Liberty Global and Nexstar Broadcasting, media M&A deals were up 69% in the first quarter, according to research firm Mergermarket. In the media sector, continued consolidation and the need for scale should keep transactions high. “Media in the first half of 2016 could see an increasing trend toward consolidation as the need for cost synergies grows within the sub-sector.”