Broadcasters Get Caught in the Greece Trap

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Nobody had a chance today – the travails in Greece spooked stock markets across the globe and knocked prices down almost indiscriminately. Still, three radio companies we follow managed to post gains.


The RBR Radio Index fell 14.549, or 2.0%, to 721.425.

The TVBR Television Index fell 26.384, or 2.7%, to 954.382.

Winners
Salem, up 1.7%
Saga, up 1.5%
iHeart, up 0.6%

Losers
Cumulus, down 8.4%
Emmis, down 5.4%
Media General, down 4.2%

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