In-theater advertising firm National CineMedia has been hit with a credit rating downgrade from S&P Global Ratings. The research firm on Thursday lowered the company's rating to B, from B+.
06.05.2020 - 05:15 / variety.com
By Cynthia Littleton
Business Editor
CAA raised $75 million in debt earlier this week in an effort to ensure it has plenty of liquidity on hand in an uncertain business climate.
The move prompted CAA to earn a credit rating downgrade from S&P Global Ratings and Moody’s Investor Service as it raised CAA’s debt ratio to above the eight times earnings level. The ratings agencies cited the widespread coronavirus-related shutdowns that have up-ended the entertainment business and temporarily shut
In-theater advertising firm National CineMedia has been hit with a credit rating downgrade from S&P Global Ratings. The research firm on Thursday lowered the company's rating to B, from B+.
Live Nation Entertainment has been hit with a credit rating downgrade from S&P Global Ratings. The research firm on Wednesday reduced the concert promoter's rating to B+, from BB-, with a negative outlook, as it argued a prolonged postponement or cancellation of concerts and other events risked "dramatic revenue declines," which in turn would drive up Live Nation's debt load.
Former Inter Milan defender Ivan Cordoba believes Manchester United “did not understand” the potential of Romelu Lukaku.
Here are the Manchester United morning headlines on May 10.
Ivan Rakitic insists he is still happy at Barcelona amid reports linking him with a move to Manchester United this summer.
On Wednesday (May 7), Meek Mill received the ultimate gift when his girlfriend Milan Harris delivered their first child on his 33rd birthday."Milano dropped me off a king on my birthday! #thebestgift," tweeted an overjoyed Meek. The couple received a heap of support from friends and family, as Harris thanked everyone on her Instagram stories."I've been sleep all day, exhausted," she wrote.
Meek Mill is a father for the third time!
Meek Mill and girlfriend Milan Harris are now parents of a baby boy!
Milan Harris is a mom! The fashion designer gave birth to her and Meek Mill’s first child together on Wednesday, May 6.
Congratulations to Meek Mill and Milan Harris! The rapper, 33, and the fashion designer, 31, welcomed a baby boy into the world on May 6 — which also happens to be Meek’s birthday! The rapper announced the birth of their first child in an overjoyed tweet. “Milano dropped me off a king on my birthday! #thebestgift,” he wrote, and added a red heart emoji. Meek now has a birthday twin for life!
CAA Holdings LLC, led by CEO Bryan Lourd, has been hit with a credit rating downgrade from S&P Global Ratings.
Eva Mendes is showing her closeness to fans while in quarantine by sharing sweet posts about her daily routines we can all relate to. Her more than two million followers can see how the busy mom of two - she shares five-year-old Esmeralda and four-year-old Amada with actor Ryan Gosling - is dealing with self-isolation and facing the same challenges moms face all over the world.
Italian soccer club AC Milan and Roc Nation have partnered to stage a virtual live event Sunday headlined by Alicia Keys that will pay tribute to workers fighting the coronavirus pandemic in Italy and beyond.Funds raised through the event will benefit global humanitarian aid organization Direct Relief and Milan’s philanthropic foundation.Viewers will be able to donate via the “From Milan with Love” fundraising site and AC Milan’s Facebook page.The hour-long tribute is scheduled for Sunday at 9
Netflix's tells the story of Ellie Chu ('s ), a shy, straight-A, friendless Chinese-American high school senior who makes extra cash by writing papers for her fellow classmates in the backwoods of the sleepy Washington town of Squahamish. When she reluctantly agrees to help football jock Paul Munsky () write love letters for his crush, school beauty Aster Flores (), the girl Ellie secretly crushes on, the unlikely trio embark on an unconventional triangle.