The decision by the Swiss to let the value of their currency rise was a problem for some – the kind of some that could make it a problem for everybody. So stocks slipped, but not for the group of radio companies we follow. However, TV was not so lucky.
The RBR Radio Index rose 2.506, or 0.4%, to 689.880.
The TVBR Television Index fell 11.928, or 1.4%, to 829.308.
SBS, up 8.5%
Emmis, up 5.1%
Entercom, up 0.7%
Gray, down 4.3%
Radio One, down 3.5%
Salem, down 2.8%