Despite a challenging economic backdrop there were more European entertainment and media mergers and acquisitions in 2011 than 2010, particularly in the mid market. Phil Stokes talks to Nick George, Alistair Levack and Mark Maitland about the key deals in the sector last year, and the issues that we believe will be driving activity in 2012. It will be of particular interest if you are looking to grow your business through acquisition, or are considering refinancing, diversification or restructuring.