A report detailing first half 2007 M&A numbers for consumer print and online media was released this week by investment banking firm Berkery Noyes with key highlights noting that aggregate transaction value was up 13.5 percent and volume was down slightly by 6 percent. The six sectors tracked include consumer magazines, newspapers, phone books, directory and reference, trade books, and classifieds.

The two leading sectors in number of transactions, by far, according to Berkery Noyes, were consumer magazines and newspapers, with 37 and 27 recorded deals respectively in first half 2007.

The report notes that, while transaction value increased 13.5 percent in the first half of 2007, Sam Zell’s acquisition of the Tribune Company for $13.8 billion accounted for well over half of the $24.5 billion measured deal value.

Financial buyers represented about 26 percent of the 99 announced deals in the consumer print and online markets for the first half of this year. Interestingly, however, they accounted for 55 percent of the aggregate value, says the report.