TV slides on gloomy Wall Street Monday

By on Sep, 22 2014 with Comments 0

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%

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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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