On a day when the stock markets were happy places, radio stocks moved in an unhappy direction – and again, SBS was a driver of the RBR Index, but not in a good way this time. TV barely moved in an upward direction. iHeart remains on a roll.
The RBR Radio Index fell 5.754, or 0.7%, to 769.237.
The TVBR Television Index rose 0.923, or 0.1%, to 958.018.
iHeart, up 5.7%
Entravision, up 0.8%
CBS, up 0.7%
SBS, down 9.8%
Saga, down 1.3%
Media General, down 1.3%