Slippage recorded for oil, radio

By on Oct, 27 2014 with Comments 0

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.

Winners
Nexstar, up 0.6%
Entercom, up 0.6%
SBS, up 0.5%

Losers
Radio One, down 9.8%
Cumulus, down 3.9%
Beasley, down 3.9%

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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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