Stocks avoid slipping on oil slick

By on Nov, 13 2014 with Comments 0

Wall Street has been thriving of late, even Wednesday 11/12 when oil stocks suffered, and broadcasters were able to participate with very little in the way of red ink spilled. Radio had by far the better day, with SBS leading the way. Radio One had a bit of a bounceback.

The RBR Radio Index rose 6.800, or 1.0 %, to 699.483.

The TVBR Television Index rose 2.009, or 0.3%, to 809.976.

Winners
SBS, up 3.4%
Entercom, up 1.6%
Radio One, up 1.6%

Losers
Media General, down 0.8%
Gray, down 0.3%
Cumulus, down 0.3%

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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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