Broadcasters do as the Europeans do

By on Nov, 24 2014 with Comments 0

There was a stock rally in Europe on optimism about a stimulus plan, and that was reason enough for US stocks to rise at list a little. Broadcast stocks were happy to follow suit, for the most part.

The RBR Radio Index rose 10.896, or 1.5%, to 725.889.

The TVBR Television Index rose 22.546, or 2.7%, to 863.371.

Winners
Beasley, up 6.0%
Entravision, up 5.9%
Cumulus, up 5.9%

Losers
Radio One, down 8.7%
LIN TV, down 0.08%
CBS, down 0.04%

Stocks-112414A

 

 

 

 

 

 

 

 

 

 

 

Stocks-112414B

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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