Broadcasters stay ahead of broader market
Once again, stock values slipped on the basis of another bad day for the dinosaur juice business, but for once broadcasters didn’t slide on down with everybody else. Not that it was great – TV was marginally down and radio was flat.
The RBR Radio Index rose 0.007, or 0.0%, to 688.948.
The TVBR Television Index fell 1.727, or 0.2%, to 860.993.
iHeart, up 2.0%
Emmis, up 1.8%
LIN TV, up 1.5%
Entravision, down 2.5%
Beasley, down 2.3%
Saga, down 1.7%