Source of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Hollywood studio Paramount Global has been downgraded to junk status by S&P, which cited the ongoing plunge in cable TV subscriptions as the reason for the credit rating change.
American households continue to cut the cords by the millions, depriving studios of lucrative carriage fees. At the same time, TV advertising revenue is plunging due to weak consumer sentiment tied to historic levels of inflation brought about by the Biden administration. S&P said it downgraded Paramount’s rating due to the “accelerating declines in linear media and the shift toward a more competitive and less certain streaming model.”
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Debt Consolidation in San Antonio, Texas, with Debt Relief ServicesGet Debt Relief in San Antonio, Texas, by calling 210-503-1099 or visiting debtredemption.com/WOAI to get debt relief services for up to 40% less than most out-
Weiterlesen »
The trillion-dollar housing debt: Which states are adding the most mortgage debt?At the beginning of 2024, the average mortgage debt owed per household was more than $241,000.
Weiterlesen »
2025 Super Bowl odds: Bears curiously downgraded despite offseason movesThe Bears have been one of the busiest teams in football during the offseason’s early going, but their activity has yet to pay off in the eyes of Vegas oddsmakers.
Weiterlesen »
Great Western Hospital's maternity service downgradedThe CQC says it found a 'deterioration' in the level of care and issues with leadership.
Weiterlesen »
China scrambles to prevent another big property developer going bustChinese banks are reportedly scrambling to bail out one of the country’s biggest property developers after its credit rating was downgraded to “junk” status by Moody’s on Monday.
Weiterlesen »
Tesla Model Y earns highest safety rating in 2024Tesla is not the only winner - Hyundai Motor Group, which includes Genesis, Hyundai, and Kia brands, has emerged as the leader in the 2024 safety awards.
Weiterlesen »