The worst performer amongst media shares was SMG, dropping 10p from its share price to end at £1.37˝. Other radio outfits including Chrysalis, Wireless Group and Emap also saw falls, but these were less severe.
On what turned out to be a tough day for the media sector, only RTL registered an increase in share value compared to Tuesday’s closing prices. Even then, the rise, of 6p, represented less than a 1% climb.
The closing prices of media company shares yesterday were:
