Broadcasters buck the trend

By on Nov, 25 2014 with Comments 0

On the theory that all good things must come to an end, or some related theory, the stock market edged down Tuesday after a sustained rally. But broadcasters ignored that gloominess, with radio edging up and TV rising nicely.

The RBR Radio Index rose 2.626, or 0.4%, to 728.515.

The TVBR Television Index rose 14.135, or 1.6%, to 877.506.

Winners
Entravision, up 5.3%
Fox, up 2.3%
CBS, up 2.1%

Losers
Cumulus, down 1.8%
Beasley, down 1.4%
SBS, down 0.6%

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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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