Oil slides, broadcast slips

By on Nov, 30 2014 with Comments 0

Airplane stocks have been positively impacted by the woes of the oil industry, which is apparently in the throes of an old-fashioned gas station war with OPEC. Unfortunately, broadcasters use the air in an entirely different manner than do airlines.

The RBR Radio Index fell 13.013, or 1.8%, to 715.447.

The TVBR Television Index fell 0.943, or 0.9%, to 876.767.

Winners
Entravision, up 2.2%
Fox, up 1.3%
CBS, up 1.3%

Losers
SBS, down 3.8%
Beasley, down 3.6%
Saga, down 2.8%

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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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