Emmis thrives amid mixed opinions on market direction

By on Oct, 9 2014 with Comments 0

Is Wall Street headed for a correction? It’s a matter for debate, but there’s no debate about which direction is went Thursday – that would be down. Broadcasters were caught in the snare, with the notable exception of Emmis.

The RBR Radio Index fell 21.483, or 3.1%, to 678.464.

The TVBR Television Index fell 21.126, or 2.9%, to 721.278.

Winners
Emmis, up 4.7%
Beasley, up 0.1%

Losers
Radio One, down 10.6%
SBS, down 7.4%
Salem, down 5.0%

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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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