Is Wall Street headed for a correction? It’s a matter for debate, but there’s no debate about which direction is went Thursday – that would be down. Broadcasters were caught in the snare, with the notable exception of Emmis.
The RBR Radio Index fell 21.483, or 3.1%, to 678.464.
The TVBR Television Index fell 21.126, or 2.9%, to 721.278.
Emmis, up 4.7%
Beasley, up 0.1%
Radio One, down 10.6%
SBS, down 7.4%
Salem, down 5.0%