There was a round of fireworks on Wall Street in the wake of a better-than-projected jobs report for the month of June, and broadcasters trading on the open market were only too happy to join in on the celebration. Radio led the way, but the positive vibes were such that we have only an abbreviated list of broadcast losers to report, and their losses were minimal.
The RBR Radio Index rose 19.903, or 3.1%, to 669.444.
The TVBR Television Index rose 7.066, or 1.0%, to 724.006.
Cumulus, up 9.1%
Beasley, up 4.6%
Entravision, up 3.5%
LIN, down 0.2%
Arbitron, down 0.1%