Broadcast stocks swim against the ripple

By on Nov, 3 2014 with Comments 0

Wall Street results for Monday were said to have edged up as investors remained nervous despite heading into what is usually the strongest quarter of the year. But for broadcast, TV was up, barely, and radio suffered a fall.

The RBR Radio Index fell 13.015, or 1.8%, to 727.362.

The TVBR Television Index rose 0.710, or 0.1%, to 814.798.

Winners
Saga, up 2.0%
Gray, up 0.7%
Nexstar, up 0.6%

Losers
SBS, down 6.2%
Cumulus, down 5.1%
Emmis, down 2.3%

Stocks-110314A

 

 

 

 

 

 

 

 

 

 

 

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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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