Industry Economic And Ratings Outlook: Our Credit Outlook Is Slightly Negative For Most U.S. Media And Entertainment Subsectors In 2012 Jan 12
- Language: English
- Published: January 2012
- Region: United States
NEW YORK (Standard & Poor's) May 11, 2011--U.S. broadcasters, ad agencies, Internet companies, and outdoor companies continue to exhibit signs of a healthy recovery, reporting revenue expansion that varied from moderate to robust, according to a Standard & Poor's Ratings Services report published today. According to the report, titled, "The U.S. Media And Entertainment Industry's Recovery Haves And Have-Nots," structural trends were less pronounced for most subsectors in 2010, the first year of the recovery. Standard & Poor's is circumspect regarding a long-lasting recovery in radio. We believe local TV broadcasters will rely on core advertising growth in 2011, without the even-year boost of election and Olympic advertising. The Internet maintains a strong current of growth, with mobile and online...
Action: General Comment
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Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.