D2C Is Bright Spot in M&A Landscape: LUMA Report
Media and martech mergers and acquisitions slowed sharply in the first quarter of this year, according to LUMA’s quarterly market report. The slowdown began even before the coronavirus pandemic although activity dropped to near zero in March. If you’re looking for a half-full glass, LUMA believes that martech revenues won’t fall as quickly as adtech. The picture is even brighter for Direct-to-Consumer businesses.