Broadcast stocks hit a banana peel to end week

By on Oct, 26 2014 with Comments 0

The stock market as a whole had a decent week, and for the most part broadcasters were part of that, but on Friday results were mixed with the average on the down side. Cumulus had the best day.

The RBR Radio Index fell 3.897, or 0.5%, to 718.173.

The TVBR Television Index fell 4.132, or 0.5%, to 780.405.

Winners
Cumulus, up 1.6%
Saga, up 1.3%
Emmis, up 0.5%

Losers
Beasley, down 3.0%
Radio One, down 2.3%
Entercom, down 1.5%

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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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