Broadcast stocks come up for air

By on Oct, 14 2014 with Comments 0

According to the scribes who try to explain market behavior every day, Wall Street rallied then tumbled. But from the broadcast perspective, it looks like most companies participated in the rally and were able to bypass the tumbling part. Lots of plus signs today, only two minus signs!

The RBR Radio Index rose 17.002, or 2.6%, to 665.553.

The TVBR Television Index rose 21.519, or 3.1%, to 722.256.

Winners
Radio One, up 7.9%
Entravision, up 5.6%
Cumulus, up 4.3%

Losers
Emmis, down 0.5%
Beasley, down 0.5%

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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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