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Viewing report
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Keys to Success in European TV Broadcasting and Global Music Markets Nov 99
Standard & Poors, Nov 1999
Abstract
Standard & Poor's has identified three key industry trends impacting the European broadcasting and entertainment arena. 1. The development of pay-TV markets and the transition of terrestrial TV to digital is increasing opportunities and risks within key Western European TV markets. 2. The commercialization of television in the former communist and other developing European economies has resulted in the emergence of rated TV broadcasters in these regions. Despite high growth opportunities, these broadcasters have weaker business profiles and consequently lower credit ratings to their counterparts in more established TV markets. 3. The emergence of Internet distribution is expected to have a greater impact on the global music industry than on some other media sectors. Rated broadcasters in the U.K. TV...
Companies mentioned in this report are: Sony Corp.,Pearson PLC,Vivendi S.A.,Carlton Communications Ltd.,British Sky Broadcasting Group PLC,Virgin Media Holdings Inc.,Telewest Communications PLC,Granada Group PLC,Historic TW Inc.,Antenna Group S.A.,Cable & Wireless Communications PLC,Central European Media Enterprises Ltd.,United Business Media,EMI Group PLC
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: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.
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