from
S&P Credit Research1266 word report
published May 21, 2009
Price
$400.00 available for immediate download
Report Overview
Search Inside
About
S&P Credit Research
| Abstract: | Fully upgraded cable plant provides the technical ability to compete effectively against direct-to-home satellite TV companies and local telephone companies; and Healthy high-speed data and telephony customer growth. Geographic concentration in economically weak Toledo, Ohio market; Negative secular trends affecting newspaper segment; Subpar profitability at newspapers and broadcasting segments compared with peers; and Aggressive leverage. The ratings on Sylvania, Ohio-based media and cable TV operator Block Communications Inc. reflect limited geographic diversity from its small-scale, family-owned cable TV and media operations in economically distressed markets; advertising declines and secular circulation erosion in the high fixed-cost newspaper business; and subpar profitability at both the newspaper and TV broadcasting businesses. The rating also reflects high overall leverage. Mitigating factors include the cable
|
| Brief Excerpt: | RESEARCH Ratings Definitions Block Communications Inc. Publication date: 21-May-2009 Primary Credit Analyst: Naveen Sarma, New York (1) 212-438-7833; naveen_sarma@standardandpoors.com Major Rating Factors Corporate Credit Rating B+/Negative/--...
|
| Report Type: | Full Report
|
| Ticker: | 85163Z
|
| Issuer: | Block Communications Inc.
|
| GICS: | Publishing (25401040)
|
| Sector: | Global Issuers
|
| Country: | United States
|
| Region: | United States
|
| Free Sample: |
Click Here to Download
|
| Format: | | HTML |  |
|
S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.
Also from S&P Credit Research
- Summary: Block Communications Inc. $175.00
The ratings on Sylvania, Ohio-based media and cable TV operator Block Communications Inc. reflect limited geographic diversity from its small-scale, family-owned cable TV and media operations in economically distressed markets; advertising ...
- Block Communications Inc. Downgraded To 'B+' On Deteriorating Newspaper Business, TV Broadcasting Operations $100.00
-- There has been continued deterioration of both Block's newspaper business and, to some degree, its TV broadcasting operations. -- We are lowering the corporate credit rating on Block to 'B+' from 'BB-'. -- The negative outlook reflects our ...
- Research Update: Block Communications Corporate Credit Rating Lowered To 'B+' Due To Deteriorating Newspaper Business&TV Broadcasting $175.00
There has been continued deterioration of both Block's newspaper business and, to some degree, its TV broadcasting operations. We are lowering the corporate credit rating on Block to 'B+' from 'BB-'. The negative outlook reflects our expectation ...
- Block Communications Inc. 'BB-' Corporate Credit Rating Affirmed; Outlook Revised To Negative $100.00
NEW YORK (Standard&Poor's) Dec. 10, 2008--Standard&Poor's Rating Services said today it revised its outlook on Sylvania, Ohio-based media and cable TV operator Block Communications Inc. to negative from stable. We also affirmed all ratings, ...
- Research Update: Block Communications Inc. Outlook Revised To Negative On Weaker Newspaper Business $175.00
On Dec. 10, 2008, Standard&Poor's Rating Services revised its outlook on Sylvania, Ohio-based media and cable TV operator Block Communications Inc. to negative from stable. We also affirmed all ratings, including the 'BB-' corporate credit ...
- Summary: Block Communications Inc. $175.00
The ratings on Sylvania, Ohio-based media and cable TV operator Block Communications Inc. continue to reflect limited geographic diversity from its small-scale, family-owned cable TV and media operations in economically distressed markets; ...
- Summary: Block Communications Inc. $175.00
The ratings on Sylvania, Ohio-based media and cable TV operator Block Communications Inc. reflect limited geographic diversity from its small-scale, family-owned cable TV and media operations in economically distressed markets; weak advertising ...
- Block Communications Inc. Ratings Raised To 'BB-' On Significant Leverage Improvement $100.00
NEW YORK (Standard&Poor's) April 25, 2008--Standard&Poor's Ratings Services today raised its ratings on Sylvania, Ohio-based media and cable television operator, Block Communications Inc., including the corporate credit rating to 'BB-' from ...
