More Media Megadeals in 2024? Top Accounting Firm Thinks It’s a Good Bet

This year saw a slowdown in terms of media and telecommunications sector dealmaking, but there are signs of a recovery in M&A activity, top accounting and consulting services firm PricewaterhouseCoopers said in a Wednesday report. Deal talk has returned to the sector with a vengeance, driven by recent that Paramount Global and its parent company National Amusements could be in play. And bankers are licking their chops ahead of April 8, 2024 when the of the deal that created Warner Bros. Discovery ends, meaning that the company can get involved in possible M&A without having to worry about a tax penalty. PwC also sees the end of the…