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Media and Telecom Deal Activity Stable Despite Pandemic: Study

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hollywoodreporter.com:

Deal activity in the media and telecommunications industries for the past 12 months through mid-November was roughly on par with the activity for all of 2019 despite the novel coronavirus pandemic, PricewaterhouseCoopers said in a Thursday report.

The pandemic came on top of digital disruption, leading industry leaders to re-think and re-focus their core strategies and to double down on digital efforts, while selling non-core assets, it argued.

And PwC predicts a so-called K-shaped recovery, which occurs when different parts of the economy after a recession or crisis recoverat different rates, times, and/or magnitudes rather than following an even, uniformrecovery path.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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