 "Merger")
Consolidation, not investment, was the dominant story of the media and entertainment (M&E) industry in 2016. That is what the numbers News Corporation’s VCCEdge put together for Business Standard suggest.
The total investment in media and entertainment plummeted to $231 million (Rs 1,547.7 crore) or just about one per cent of all private equity and other investment deals in 2016. It is also the lowest in past four years. However, mergers and acquisitions went up. One of the biggest M&A deals in media – the $1.12-billion (about Rs 7,500 crore) Dish TV and Videocon d2h merger – happened last year. The
