Bright Station lost nearly a quarter of its share price once again yesterday, as its funding crisis appeared increasingly serious (see Bright Station Seeks Funds As Cash Runs Out). Shares ended the day down 3¾p at 11½p.
SMG found market favour yesterday, after featuring positively in an analyst publication. Shares in the broadcaster rose 9½p to end at £2.03½. BSkyB was picked out in the same publication, but saw less benefit as a result, only managing a 9p rise to £8.84.
The closing prices of media company shares yesterday were:
