OREANDA-NEWS. Fitch Ratings has published the eighth edition of its annual 'Credit Encyclo-Media' report.

The Credit Encyclo-media is a comprehensive report that outlines the key credit, operating, and market trends in the Media and Entertainment sector. Fitch's new report addresses issues related to disruptive technologies, over-the-top content distribution, e-books, retransmission and reverse compensation, cloud storage, and media measurement. It also provides an overview, outlook and volatility analysis for 26 different sub-sectors. Through various analyses/charts, Fitch ranks these sub-sectors by economic sensitivity, hit-driven variability and secular issues.

In addition, Fitch analyzes key credit trends in the Media and Entertainment sector including:

--Liquidity
--Short-term Ratings / Commercial Paper
--Regulatory and FCPA
--Event Risk
--Accounting & Tax Issues
--Unions
--Acquisitions
--Default Trends
--Debt Exchanges
--Parent Subsidiary Relationships
--Lease Treatment
--Pensions
--Hybrid Securities
--Recovery and Notching
--Corporate Governance
--Covenants

The accompanying company-specific analysis will be published shortly as the Media and Entertainment Handbook Volume II.