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Some U.S. Media And Entertainment Companies Exhibit Signs Of A Healthy Recovery: S&P Report
Standard & Poors, May 2011
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
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
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.