New study from UK industry analysts StrategyEye shows a slowddown in M&A and VC investments in digital media from Q2 to Q3.
The company says it tracked an 38% decline in the number of deals and an 81% decline in the value of M&A and VC investment in digital advertising, video, mobile content, gaming, social media and online media.
Venture capital activity decline:
Number of deals: 48% to 151
Value of deals: 58% to $1.64 billion
M&A activity decline:
Number of deals: 49% to 106
Value of deals: 82% to $36 billion