U.S.-based movie exhibitor National Amusements Inc.'s (NAI's) margin of compliance with its covenants has widened to about 20% as of July 2, 2015, because of strong domestic summer box office receipts and an increase in its dividend income. We are revising our outlook on National Amusements Inc. and its operating subsidiary NAI Entertainment Holdings LLC (NAIEH) to stable from negative. We are also affirming all of our ratings on both companies, including our 'B+' corporate credit ratings. The stable outlook reflects our expectation that NAI will continue to be exposed to volatile box-office performance, but that the company will be able to maintain "strong" liquidity supported by its dividend income from Viacom and CBS. On Oct. 30, 2015, Standard&
