Stocks Show Sharp Decline

By on Feb, 5 2016 with Comments 0

U.S. Stocks fell to end the week on Friday. A jobs report showing that growth had declined in January was to blame. Radio and Television both showed losses for a second day.

The RBR Radio Index fell 17.364, or 4.44%, to 373.839.

The TVBR Television Index fell 37.222, or 4.28%, to 831.849.

Winners
Cumulus, up 1.2%
Salem, up 0.3%
n/a

Losers
iHeart, down 12.2%
SBS, down 11.8%
Gray, down 7.1%

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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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