It was apparently one of those days on Wall Street – things were looking up until everything fell apart during the last hour. But radio companies we follow dodged that bullet and posted a collective 1% gain. TV wasn’t so lucky.
The RBR Radio Index rose 7.318, or 1.0%, to 736.000.
The TVBR Television Index fell 5.572, or 0.6%, to 955.659.
iHeart, up 7.3%
SBS, up 6.1%
Emmis, up 1.0%
Saga, down 4.5%
Salem, down 1.9%
Media General, down 1.4%