The Wall Street scribes were blaming weak earnings reports, but the one we listened in on, Comcast/NBCU, was gangbusters. For that reason, you’d think broadcast stocks would get a pass – but they didn’t.
The RBR Radio Index fell 11.777, or 1.7%, to 684.944.
The TVBR Television Index fell 20.738, or 2.1%, to 968.381.
Winners
Salem, up 1.7%
Tribune, up 1.2%
Emmis, up 0.9%
Losers
Entercom, down 6.7%
Radio One, down 6.2%
Entravision, down 3.9%
