Stocks Tumble

By on Jan, 13 2016 with Comments 0

U.S. Stocks plummeted today after a drop in consumer-discretionary stocks. Radio was able to post a small gain. Television followed the market with a loss.

The RBR Radio Index rose 1.782, or 0.47%, to 377.180.

The TVBR Television Index fell 24.012, or 2.68%, to 870.559.

Winners
iHeart, up 19.0%
SBS, up 2.1%
Salem, up 1.9%

Losers
Cumulus, down 11.0%
Entercom, down 5.0%
Emmis, down 4.6%

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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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