PwC: Media M&A Activity Rising Amid Surge of Megadeals

World Screen: There were 238 M&A deals in the U.S. media and telecommunications space in Q3, PwC reports, a 9-percent gain on the previous quarter. The number of deals marks a two-year high, with deal value rising by 76 percent to $31.6 billion. Megadeals accounted for approximately 83 percent of announced deal value.