Stock markets around the globe were shaken on news Greece may abandon the euro and default on its debt if it can’t get a deal soon. Broadcasting stocks on both the radio and television side succumbed to the downtrend. Only SBS managed to buck the trend.
The RBR Radio Index fell 12.640, or 1.6%, to 773.764.
The TVBR Television Index fell 14.480, or 1.5%, to 949.523.
SBS, up 5.5%
Salem, down 5.1%
Cumulus, down 4.8%
iHeart, down 4.3%