October
3
Credit rating agency: SAG strike would have limited impact on media conglomerates
Global credit rating agency Fitch Ratings says the potential impact of a SAG strike on the credit profiles of major networks, studios, exhibitors and broadcast affiliates would be "limited" over a six-to-nine-month period. From the release: "Many of the sub-sectors that rely on SAG-related content (broadcast networks and film studios) are housed within highly diversified media conglomerates" but notes, "A SAG strike would have a more immediate impact than the WGA strike." The document also includes more detailed analysis as to how a SAG strike might impact CBS, Disney, Time Warner, News Corp. and Viacom. [Business Wire]
>> RELATED: SNL Kagan study finds the most expensive films are also the most profitable [PRWeb]


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