Media execs bullish views

Michael Bow
Follow Michael
MEDIA and entertainment bosses have given an upbeat assessment of the global economy, with more than two in three seeing an uptick in activity, a new study suggests.

The poll, by EY, found 64 per cent thought the state of the global economy was improving. A further 34 per cent planned to pursue acquisitions over the next year, the highest level since 2012, when 22 per cent were looking for deal. A third of execs (33 per cent) were also confident of closing deals.