Link to Fitch Ratings' Report: Media & Entertainment Stats Quarterly -- Third-Quarter 2013

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=726795

Fitch Ratings has published its 'Media and Entertainment Stats Quarterly' report. This report provides a summary of operating performance, credit metrics, and liquidity positions of the companies in the U.S. media & entertainment sector, as well as key credit strengths and concerns.

Additional information is available at 'www.fitchratings.com'.

Applicable Criteria and Related Research:

--Credit Encyclo-Media VI: Fitch's Comprehensive Analysis of the U.S. Media & Entertainment Sector (September 2013)

--Corporate Rating Methodology: Including Short-Term Ratings and Parent and Subsidiary Linkage (August 2013)

--Fitch's Telecom & Cable Company Handbook (June 2013);

--Thomson Reuters Corp. -- Full Rating Report (May 2013);

--Pay Television Industry -- Revolution in Evolution (May 2013);

--H-OTT Topic, Limited Credit Impact -- Vol. 2 (April 2013);

--U.S. Media & Entertainment Event Risk Dashboards (April 2013).

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.

Fitch Ratings
Rolando Larrondo, +1 212-908-9189
Director
Fitch Ratings, Inc.
33 Whitehall Street
New York, NY 10004
or
Media Relations:
Brian Bertsch, +1 212-908-0549
brian.bertsch@fitchratings.com