NEW YORK--(BUSINESS WIRE)--The U.S. Sports sector maintains a stable outlook as it hits the midpoint in 2014 on stable attendance and television viewership, well as labor peace, according to a new Fitch Ratings report.
'Despite economic uncertainty related to discretionary spending, U.S. Sports ratings are holding steady at mid-year,' said Chad Lewis, Senior Director.
Smaller markets where team performance is weak will likely continue to face pricing pressure on sponsorship, advertising and luxury seating products as well as game-day revenue streams such as food and beverage, parking and game-day ticket sales.
Nevertheless, significant levels of contractually obligated income including national and local television contracts provide a significant offset to any deterioration in game-day revenues.
For more information, a special report titled '2014 Mid-Year Outlook: US Sports' is available on the Fitch Ratings web site at www.fitchratings.com or by clicking on the link.
Additional information is available at 'www.fitchratings.com'.
Applicable Criteria and Related Research: 2014 Midyear Outlook: Sports (Professional Sports)
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