Radio One pummeled after reporting loss
After reporting on a tough quarter (to be fair, one that was tough for most radio groups) Radio One took a double digit hit and brought the RBR Radio Index down with it. Television had a marginal gain.
The RBR Radio Index fell 7.413, or 1.1%, to 692.683.
The TVBR Television Index rose 2.796, or 0.4%, to 807.967.
Gray, up 3.8%
Emmis, up 3.2%
Salem, up 1.8%
Radio One, down 13.4%
SBS, down 3.6%
Sinclair, down 1.1%