Blue chips and Apple are a drag

By on Sep, 25 2014 with Comments 0

The major stock indices did not have a happy story to record for Thursday, with the Dow taking a triple-digit hit. Broadcast stocks were down, too, but it wasn’t a total horror story. It was much rougher on the radio side.

The RBR Radio Index fell 9.568, or 1.3%, to 738.718.

The TVBR Television Index fell 5.523, or 0.7%, to 737.986.

Winners
Salem, up 3.1%
Sinclair, up 2.1%
Emmis, up 1.9%

Losers
Radio One, down 5.8%
Entercom, down 4.5%
Saga, down 4.0%

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About The Author: RBR+TVBR has been reporting on the business of broadcasting for nearly three decades. Beholden to no one, it is independently owned.

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