The Wall Street headline writers are still fixated on what’s happening in Greece, and today, it was less than encouraging. That was enough to send the general market down, and radio and television went down with it, with radio suffering the steeper plunge.
The RBR Radio Index fell 9.501, or 1.3%, to 728.199.
The TVBR Television Index fell 4.509, or 0.5%, to 959.182.
Winners
SBS, up 4.8%
Emmis, up 2.7%
Salem, up 2.4%
Losers
Radio One, down 9.3%
Cumulus, down 5.1%
Saga, down 4.5%