Report: Media M&A value falls in 2008, but deal flow remains relatively strong

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The dollar value of media, information and marketing services M&A deals declined 68% in 2008, falling to $33.3 billion from $104.4 billion in 2007, according to a report issued Thursday by Jordan, Edmiston Group, a media investment bank.

The number of M&A deals fell less precipitously, dipping only 13% as the number of deals fell to 758, from 872 in 2007.