Broadcast stocks have a happy Friday

By on Nov, 9 2014 with Comments 0

Well, it wasn’t all THAT happy, but up is better than down, right? Radio had a decidedly better day than television, with members of the RBR chart just missing a 1% gain (it was 1% exactly if you use the magic of rounding up) and led by Radio One. Television was up marginally.

The RBR Radio Index rose 6.742, or 1.0%, to 717.817.

The TVBR Television Index rose 1.569, or 0.2%, to 802.161.

Winners
Radio One, up 4.8%
Nexstar, up 3.1%
Cumulus, up 2.9%

Losers
Entercom, down 1.8%
Gray, down 1.4%
Sinclair, down 1.1%

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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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