The decision by the ECB to try to jumpstart the Eurozone was met with approval in the US markets, and broadcasters were quite happy to participate, particularly on the TV side. Radio One stocks took off with enough oomph to be a storyline on “Cosmos.”
The RBR Radio Index rose 11.666, or 1.7%, to 704.697.
The TVBR Television Index rose 25.591, or 3.0%, to 875.188.
Radio One, up 17.5%
Media General, up 6.6%
Entravision, up 4.8%
Cumulus, down 4.7%
Entercom, down 2.4%
SBS, down 0.8%