Axios

The number of media mergers and acquisitions in the first quarter of 2017 rose to the highest rate in two years. While President Trump raised concerns on the campaign trail about increasing concentration in the media and communications sectors, many investors and executives are optimistic his Administration will allow many deals to proceed.

Why it matters: According to PriceWaterhouseCooper's Bart Spiegel, a partner in its Entertainment, Media and Communications Deals Practice, concern about the regulatory environment under Trump has given way to relief, making investors more confident.