Stocks Climb to End Rout

By on Jan, 21 2016 with Comments 0

U.S. Stocks climbed higher as oil prices rose and the European Central Bank said it was willing to offer stimulus at March’s meeting. Radio was not able to do the same and showed a loss. Television ended much better with a small gain.

The RBR Radio Index fell 0.434, or 0.12%, to 355.409.

The TVBR Television Index rose 6.479, or 0.75%, to 872.991.

Winners
CBS, up 3.9%
Radio One, up 2.9%
Entravision, up 2.5%

Losers
iHeart, down 2.9%
Cumulus, down 2.0%
Emmis, down 2.0%

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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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