Media Diversified Headlines

Star India injects $192 mln into digital content arm

Star India, a media company backed by Twenty-First Century Fox, has injected 12.33 billion rupees ($192.04 million) into its digital content arm over the last six months amid intense competition among online video providers in India.

Fitch: Consensus Leverage Cuts for Top-100 Chinese Corporates Optimistic

(The following statement was released by the rating agency) Link to Fitch Ratings' Report: 100 Chinese Listed Corporates: Credit Change Zones 2017 https://www.fitchratings.com/site/re/901455 SYDNEY/HONG KONG, August 07 (Fitch) Market expectations for aggregate leverage to halve over 2016-2018f for China's top-100 listed non-financial corporates (Fitch China100 portfolio) are optimistic considering historical trends, says Fitch Ratings in its latest report. Bloomberg consensus estimates (BEst) in

Fitch Affirms Discovery's 'BBB-' IDR Following Scripps Acquisition Announcement; Outlook Stable

(The following statement was released by the rating agency) NEW YORK, August 01 (Fitch) Fitch Ratings has affirmed Discovery Communications, LLC's (Discovery) 'BBB-' Long-Term Issuer Default Rating (IDR) following the July 31, 2017 announcement that it is acquiring Scripps Network Interactive, Inc. (Scripps). The Outlook is Stable. As a result of the announcement, Fitch has placed Scripps' Long-Term IDR of 'BBB+' on Rating Watch Negative. The rating action affects approximately $3.1 billion of d

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