Television stocks we follow had a great Friday, and radio was up a bit, but the real big gainer was Cumulus Media, which not only posted the biggest gain in terms of percentage of the day, but was far ahead of the next best performance.
The RBR Radio Index rose 1.902, or 0.3%, to 701.224.
The TVBR Television Index rose 971.022, or 1.7%, to 971.022.
Winners
Cumulus, up 8.6%
Entavision, up 3.7%
Sinclair, up 3.0%
Losers
Radio One, down 5.8%
Tribune, down 2.8%
Emmis, down 2.8%
