It’s another look out below day on Wall Street
The headline writers, describing the Wednesday market, used words like tumble, plunge and skid. And that would be a reasonable selection of words to describe broadcast performance, particularly on the radio side. But Saga has a nice tale to tell.
The RBR Radio Index fell 21.721, or 3.0%, to 709.815.
The TVBR Television Index fell 8.788, or 1.2%, to 721.401.
Saga, up 4.3%
Entercom, up 1.6%
Salem, up 0.3%
Radio One, down 13.5%
Emmis, down 5.2%
Cumulus down 5.0%