S&P revised its outlook on Charter [CHTR] to "positive" from "developing," based on the MSO’s improved maturing profile following its April ’04 refinancing. Operating improvement and a slowing rate of basic sub losses also factored into the revision. "Nevertheless, the ratings are still dominated by very high financial risk from elevated leverage, negative discretionary cash flow, and pressure from rising debt maturities, including $588mln in convertible debt due in ’05," S&P said.

The Daily


INSP Makes Studio Investment

INSP said it made a “significant investment” in Toronto-based independent studio Blink Studios . Blink was formed in

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