It was a quiet, mixed-results kind of Friday

By on Mar, 16 2012 with Comments 0

When you think of Wall Street you don’t normally think about the price of gas in the same way you do when contemplating a trip to take the kids to see grandma, but the rapid rise in the price at the pump seemed to have dulled otherwise encouraging economic news. Unfortunately broadcasters were on the red side of a mixed trading day.

The RBR Radio Index fell 3.143, or 0.9%, to 360.108.

The TVBR Television Index fell 3.097, or 1.2%, to 259.877.

Winners
Beasley, up 3.1%
Salem, up 1.3%
SBS, up 1.2%

Losers
Radio One, down 6.7%
Entravision, down 4.8%
Dial Global, down 3.9%

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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