Wall Street: What goes up must come down

By on Oct, 22 2014 with Comments 0

On Wednesday we had proof that the road to prosperity is not an unbroken upward grade, as values came down after a string of successful trading days. The best any media companies were able to do was minimize the loss.

The RBR Radio Index fell 22.689, or 3.1%, to 716.969.

The TVBR Television Index fell 20.128, or 2.6%, to 769.093.

Winners
n/a

Losers
Radio One, down 10.20%
SBS, down 4.9%
Sinclair, down 3.6%

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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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