TV bucks Wall Street’s sour Friday


The ongoing travails of the oil business got an assist in dampening the enthusiasm of stock traders from weak wage growth stats, but television stocks we follow actually managed to post a gain, as a group. Radio was down, and SBS had a particularly rough day, but Emmis was rewarded for its great quarter.

The RBR Radio Index fell 14.867, or 2.1%, to 696.327.

The TVBR Television Index rose 5.438, or 0.6%, to 852.573.

Entravision, up 3.8%
Emmis, up 1.9%
CBS, up 1.5%

SBS, down 10.7%
Radio One, down 3.0%
Beasley, down 1.7%