Well-fed Wall Street is flat

By on Nov, 19 2014 with Comments 0

The Street was fed with Fed info, which it decided was not of a momentous nature. Broadcasters contributed to flatness in the form of radio as a group being up and TV as a group being down. However, TV’s change, while not drastic, was a bit heavier than radio’s gain.

The RBR Radio Index rose 3.527, or 0.5%, to 705.417.

The TVBR Television Index fell 7.565, or 0.9%, to 819.718.

Winners
Emmis, up 4.6%
Cumulus, up 3.8%
Beasley, up 2.6%

Losers
SBS, down 3.6%
Media General, down 2.5%
Entercom, down 2.4%

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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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