International
We all know that VCs and startups have to be bullish about 2008, despite a rocky economy, but when a top analyst says digital media M&A will be up, even after an explosive 2007, it's worth another look.
JP Morgan's Imran Khan said at OnMedia NYC this month that we'll continue to see Google, eBay, Amazon, Expedia and company dole out big bucks for up media startups, because hunger for traffic, better ad technology and traffic-to-transaction conversion will grow unabated, even in a downturn.
New media may find itself on a rock in the midst of a mudslide.
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