Radio and TV stocks take different trajectories

By on Aug, 26 2014 with Comments 0

It’s this simple: During Tuesday 8/26/14 trading radio stocks improved and television stocks shrunk. The worst radio stock was flat, as was the best television stock – and if not for these few flatliners, each broadcast service could pretty much confined itself to only one inkwell to record its results. Emmis was the broadcast leader with a 2.8% gain.

The RBR Radio Index rose 7.295, or 0.9%, to 799.659.

The TVBR Television Index fell 12.782, or 1.6%, to 810.241.

Winners
Emmis, up 2.80%
Radio One, up 2.1%
SBS, up 1.9%

Losers
Gray, down 4.3%
LIN TV, down 2.5%
Entravision, down -1.5%

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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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