China was a stock problem, with a side order of Greece, and broadcasters were not able to buck the trend. The television stocks we follow did a better job than radio but almost all broadcast stock prices were down.
The RBR Radio Index fell 11.926, or 1.6%, to 721.290.
The TVBR Television Index fell 5.770, or 0.6%, to 976.030.
Winners
Saga, up 1.2%
n/a
n/a
Losers
Beasley, down 6.1%
Cumulus, down 3.2%
Tribune, down 2.9%