VentureBeat: 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 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 Deal Insights report. But PwC said it remains optimistic that there will be an uptick in activity in coming quarters.