Broadcasters sink in an allegedly flat market

By on Sep, 30 2014 with Comments 0

There was one bright spot on the RBR-TVBR stock indexes amidst a sea of red ink. Radio One, almost alone among public broadcast companies, could hold its head up high.

The RBR Radio Index fell 9.448, or 1.3%, to 731.536.

The TVBR Television Index fell 9.568, or 1.3%, to 730.189.

Winners
Radio One, up 5.7%
Salem, up 0.6%
Entravision, up 0.5%

Losers
Saga, down 9.3%
Gray, down 3.3%
Entercom, down 2.9%

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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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