Broadcasters sink in an allegedly flat market
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.
Radio One, up 5.7%
Salem, up 0.6%
Entravision, up 0.5%
Saga, down 9.3%
Gray, down 3.3%
Entercom, down 2.9%