Stocks Follow Oil Again; This Time Down

By on Feb, 23 2016 with Comments 0

U.S. Stocks fell today following a drop in oil prices as Saudi Arabia refused to cut production to reduce cost. Radio and Television again followed the market with both showing losses.

The RBR Radio Index fell 7.886, or 1.88%, to 412.098.

The TVBR Television Index fell 0.586, or 0.07%, to 858.654.

Winners
Beasley, up 2.1%
Sinclair, up 1.9%
CBS, up 0.2%

Losers
SBS, down 7.1%
iHeart, down 4.5%
Saga, down 2.8%

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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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