DBRS Morningstar Publishes Final Methodology for Rating Film Rights Securitizations

DBRS Morningstar finalized its “Rating Film Rights Securitizations” methodology (the Methodology). The Methodology supersedes the prior version published on April 8, 2022, and is effective as of May 11, 2023.

The following summarizes the changes:
-- Aside from updated dates and industry data, no changes were made to the Methodology.
-- The update is to use the rating Methodology for assignment and/or surveillance of endorsed credit ratings for regulatory use in the EU and/or the UK.

DBRS Morningstar deems the update not to be material and has determined that no ratings are expected to change as a result of this update.

All comments received during the request for comment period have been published to the DBRS Morningstar website, except in cases where confidentiality is requested by the respondent.

Notes:
DBRS Morningstar methodologies are publicly available on its website www.dbrsmorningstar.com under Methodologies & Criteria.

The DBRS Morningstar Sovereign group releases baseline macroeconomic scenarios for rated sovereigns. DBRS Morningstar analysis considered impacts consistent with the baseline scenarios as set forth in the following report: https://www.dbrsmorningstar.com/research/384482/baseline-macroeconomic-scenarios-application-to-credit-ratings.

For more information on this methodology or on this industry, visit www.dbrsmorningstar.com or contact us at info@dbrsmorningstar.com.