Broadcast stocks continue against the flow

By on Oct, 19 2014 with Comments 0

Unfortunately, on Friday that was not a good thing, as the general market finally had a good day while broadcasters did not. But as a group, they were no worse than the up side of flat.

The RBR Radio Index rose 1.492, or 0.2%, to 715.135.

The TVBR Television Index rose 2.155, or 0.3%, to 760.787.

Winners ”
Emmis, up 8.5%
Cumulus, up 3.6%
CBS, up 2.3%

Losers
SBS, down 4.6%
Salem, down 4.5%
Entercom, down 2.6%

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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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