S&P has downgraded Warner Bros Discovery (WBD) debt to BB+. Anything BB+ and below is junk bond status for the US credit agency. It said that, from a credit perspective, it’s not a fan of a possible WBD spin-out, teased by CEO David Zaslav last week after an internal split of the company into two […]

Dolby Labs has been added to the S&P Dow Jones MidCap 400 index. This – in effect – reward prompted an immediate 10.92 per cent rise in its share price on August 18th (to $84.81 per share) and means that Dolby’s stock has risen 20 per cent this year to date. The inclusion in the […]

Europe’s film revenue rose 21.6 per cent year over year to $2.82 billion (€2.72bn) between January and October, according to figures from OpusData compiled by S&P Global Market Intelligence. There were 203 films released in the region in October, down 10.2 per cent from 226 titles that hit cinemas in October 2021. Further highlights from […]

US consumers looking to cut costs amid soaring inflation could ditch cable video services in even larger droves, even as they migrate over to discounted cable wireless offerings, according to Sydney Price and Darakhshan Nazir, analysts at Kagan, a media research group within S&P Global Market Intelligence. Traditional video has been on a rapid decline […]