Well, not all radio stocks, but for the most part the issues we follow closed out the week on a high note – Emmis in particular. The same could not be said for television, where most prices stayed roughly in the same pricing neighborhood from whence they started the day.
The RBR Radio Index rose 13.019, or 1.8%, to 741.358.
The TVBR Television Index rose 3.679, or 0.4%, to 955.872.
Emmis, up 9.0%
Radio One, up 6.4%
Salem, up 2.7%
Cumulus, down 9.2%
Nexstar, down 0.3%
Entravision, down 0.3%