Actually, Fed honcho Janet Yellen is about to speak, which helped the market overcome weakened oil stocks. But although TV skated on the plus side of even, there wasn’t much help at all for red-drenched radio.
The RBR Radio Index fell 13.878, or 1.9%, to 729.586.
The TVBR Television Index rose 2.619, or 0.3%, to 910.137.
Emmis, up 2.8%
Tribune, up 2.1%
Sinclair, up 1.7%
iHeart, down 6.2%
Entercom, down 4.7%
Radio One, down 3.8%