TV Stocks Fare Better as June Winds Down

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StoxAll in all, the week of June 22-26 was not a particularly pleasant one for broadcasters that trade shares on one of the stock markets. There were a few modest success stories, but they were drowned out by the other kind of stories.


Among the companies followed by RBR+TVBR, there were more gainers on the television stories, and the worst cases were not as bad.
Entravision, which also has a strong fleet of radio stations, beat all comers with a 2.18% gain, but the counterweight, Tribune, diluted that result with a loss of 2.96%.

Radio had only two happy weeks, with Emmis picking up by 1.82% and Entercom by 1.66%. But the other seven companies were all in the red, with Radio One bringing up the rear.

Here are full results for the week:

RBR Radio Index
Stock Market 6/19/2015 6/26/2015
Company Symbol Close Close Net Chg Pct Chg
Beasley BBGI 4.69 4.44 -0.250 -5.33%
Cumulus CMLS 2.35 2.27 -0.080 -3.40%
Emmis EMMS 1.1 1.12 0.020 1.82%
Entercom ETM 11.45 11.64 0.190 1.66%
iHeart Media IHRT 6.98 6.76 -0.220 -3.15%
Radio One, Cl. D ROIAK 3.66 3.34 -0.320 -8.74%
Salem Comm. SALM 6.49 6.34 -0.150 -2.31%
Saga Commun. SGA 38.25 37.51 -0.740 -1.93%
SBS SBSA 6.9 6.8 -0.100 -1.45%
TVBR TV Index
Stock Market 6/19/2015 6/26/2015
Company Symbol Close Close Net Chg Pct Chg
CBS CBS 58.06 57 -1.060 -1.83%
Entravision EVC 8.25 8.43 0.180 2.18%
Fox FOXA 32.91 32.94 0.030 0.09%
Gray GTN 15.59 15.82 0.230 1.48%
Media General MEG 17.06 16.85 -0.210 -1.23%
Nexstar NXST 56.95 57.93 0.980 1.72%
Sinclair SBGI 28.91 28.27 -0.640 -2.21%
Tribune Media TRCO 55.65 54 -1.650 -2.96%