Slippage recorded for oil, radio
Stock traders were also said to be worried about the situation in Europe again, and on Monday, in the process of dragging down the market, they dragged down US radio as well. Television broadcasters as a group, however, ended the day almost exactly where they started it.
The RBR Radio Index fell 16.210, or 2.3%, to 701.963.
The TVBR Television Index rose 0.020, or 0.0%, to 780.425.
Nexstar, up 0.6%
Entercom, up 0.6%
SBS, up 0.5%
Radio One, down 9.8%
Cumulus, down 3.9%
Beasley, down 3.9%