Broadcast Mixed on Worried Street

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Television was up and radio was down as traders fretted about the possibility that a strengthening economy might inspire a credit rate increase at the Fed. A rough day at Salem was the big drag on overall radio prices.


The RBR Radio Index fell 7.298, or 1.0%, to 691.171.

The TVBR Television Index rose 4.336, or 0.5%, to 908.805.

Winners
Beasley, up 2.2%
Cumulus, up 2.0%
Sinclair, up 1.9%

Losers
Salem, down 10.4%
Radio One, down 6.1%
Emmis, down 1.1%

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