Upbeat Stock Day Doesn’t Help Broadcast

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Janet Yellen told Congress that the Fed is patient, and the European community said it would work with Greece, and stocks were said to do great. But radio and TV didn’t get  the memo. Didn’t lose value, more like a flatline.


The RBR Radio Index rose 1.370, or 0.2%, to 730.956.

The TVBR Television Index was flat at 910.118.

Winners
Saga, up 2.9%
Beasley, up 2.8%
Tribune, up 1.8%

Losers
Radio One, down 3.6%
Cumulus, down 1.5%
Entercom, down 1.5%

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