Apparently China was on everybody’s mind, and a new offering from Alibaba lost steam. Radio took a small step backward in the unfavorable environment, but it was look out below for TV.
The RBR Radio Index fell 2.666, or 0.4%, to 756.930.
The TVBR Television Index fell 20.705, or 2.7%, to 756.105.
Winners
Emmis, up 2.1%
Salem, up 0.8%
Beasley, up 0.6%
Losers
Gray, down 6.2%
Sinclair, down 3.3%
Nexstar, down 2.9%