Broadcast falls on another bad day for oil

By on Dec, 10 2014 with Comments 0

The markets were down, and the Wall Street headline writers were blaming oil again. The vast majority of broadcast stocks we follow tumbled along with the gas pumpers.

The RBR Radio Index fell 8.695, or 1.3%, to 672.473.

The TVBR Television Index fell 16.020, or 1.8%, to 864.201.

Winners
Radio One, up 1.5%
SBS, up 0.7%
Entravision, up 0.4%

Losers
Emmis, down 5.1%
Media General, down 4.4%
Sinclair, 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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