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Tag: Fitch Ratings

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Fitch Issues Stable Outlook for LatAm Media Sector

December 9, 2015

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 …