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Fitch Issues Stable Outlook for LatAm Media Sector

CHICAGO: Fitch Ratings sees a “stable” market for Latin American broadcasters in 2016, despite a squeeze on ad revenues and a sluggish economy. Ad budgets in the region are expected to be constrained in 2016, Fitch says, resulting in flat pricing. Fitch also expects rising production costs. As such, profitability at media companies’ free-to-air assets …



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