The new leftist government in Greece was able to soothe its friends and neighbors in Europe in regard to its approach to debt problems, and that contributed to a good day for US stocks. Broadcasters were happy to participate. Especially Cumulus.
The RBR Radio Index rose 13.933, or 2.1% to 693.903.
The TVBR Television Index rose 20.584, or 2.5%, to 857.173.
Cumulus, up 11.9%
Gray, up 3.3%
Entravision, up 3.0%
Beasley, down 2.1%
iHeart, down 0.3%