Since the beginning of 2005, private equity investors have exited 92 companies in the B2C media industry, according to the PitchBook Platform. Exit activity in the industry has been in a bit of a slump since 2008. 2011 marked a return to a double-digit yearly exit count—but only barely—with 10 completed exits. With six completed exits so far, 2012 is on track for a similar final count. Exits from Publishing companies like the Author Solutions sale have led the activity since 2005, representing a 36% share.