Broadcasters on the wrong side of flat

By on Nov, 17 2014 with Comments 0

The Wall Street headline writers said that trading was flat but at a lofty level. For the most part broadcast stocks were a bit less lofty by the time the day came to a close than they were when it started.

The RBR Radio Index fell 3.903, or 0.6%, to 700.649.

The TVBR Television Index fell 4.081, or 0.5%, to 827.176.

Winners
Beasley, up 4.4%
SBS, up 2.6%
Emmis, up 2.4%

Losers
Radio One, down 5.0%
Cumulus, down 3.3%
Saga, down 2.7%

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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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