The worst performance in yesterday’s media market came from SMG, which saw shares fall 8.03% to close at £1.37˝ following speculation that the company was about to quit Scottish Radio at a loss.
Carlton and Granada saw stock fall yesterday after Deloitte & Touche confirmed that it is preparing ITV Digital for sale (see ITV Digital Prepared For Sale As One Week Of Talks Remains). Carlton was down 2.05% to finish at £2.39, while Granada slipped 0.40% to close at £1.23, a loss of ˝p on the day before.
RTL saw the highest rise in yesterday’s media market with shares climbing 12.5% to finish at £27.56, up £3.06 on the previous day.
