Amid the "massive upheaval to the economy" from the novel coronavirus pandemic, it has "undeniably had an impact" on mergers and acquisitions in the media and telecommunications industries, but it "has been more muted, with digital and telecom assets proving to be attractive assets in the COVID-19 era," PricewaterhouseCoopers said in a Thursday report.
Traditional film and TV assets have "not seen a lot of activity, and that started last year, before the pandemic,"Bart Spiegel, U.S.
technology, media & telecommunications deals partner at PwC, tells THR. "A lot of the big players have been trying to get their houses in order and have been focused on the launch of streaming services, ...