EFTA Document EFTA01385426

3 January 2018 HY Corporate Credit HY Multi Sector,Media, Cable & Satellite Theater& Our long-standing belief is that the performance of the theater exhibitors is linked more closely to the quality and appeal of the film release slate than the health of the overall economy. The chart below tracks trends in ticket prices, admissions, and total gross, and we think does a decent job showing that there is no clear link between admissions levels and the state of the economy (i.e., admissions