Broadcast continues to streak on the Street

By on Oct, 20 2014 with Comments 0

Stocks were up in general on Monday, and broadcasters joined in on the fun, particularly on the television side. But the big winner was pure play radio company Entercom.

The RBR Radio Index rose 5.647, or 0.8%, to 720.782.

The TVBR Television Index rose 8.526, or 1.1%, to 771.475.

Winners
Entercom, up 3.6%
Cumulus, up 2.7%
Entravision, up 2.6%

Losers
Beasley, down 1.3%
Salem, down 0.6%
Gray, down 0.1%

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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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