The historical stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 6 US TV Broadcasting Companies had their average stock prices drop by a massive 92% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.
But since March 6, 2009, the average stock prices of these same 6 US TV Broadcasting Corps have increased by a spectacularly off-the-charts 3,204% through January 24, 2014. Yeah, that's not a misprint.....up 32 times. And all 6 of them were "Ten Baggers Plus", with the lowest increase of the 6 being CBS's exceptional 1,638% increase.
Clearly, the investors in and employees of these 6 US TV Broadcasting Companies must be just elated with the positive impact of actions taken by both the Obama Administration and the US Fed to successfully rescue the US economy from its extremely weakened state caused by the disastrous 2008 US financial meltdown.
But I have to say there's something seriously wrong with how capitalism is working in the US when a clear majority of the US Congress sees absolutely nothing wrong with the TV Broadcasting Sector having its average common stock prices increase by 32 times in the most recent 5 years, while at the same time this same US Congress now won't even extend Unemployment Benefits on the suffering long-term US unemployed, won't increase the extremely low US Federal Minimum Wage which hasn't been increased for many, many years, has no interest in enacting true decent-paying US job-creating legislation, and thinks that it is really cool to shut down the US Government for 16 days.
And you can't blame the US Fed for its very low interest rate policy which benefits this TV Broadcasting Industry. It is simply attempting to make up for a US Congress that refuses to enact critically-needed, US job-creating legislation.
Voters should send a very high percentage of those in the US Congress home packing for their facilitating massive Income Inequality similar to what you see in the very worst of repressive Third-World Countries. This is the legacy of the current US Congress.
Below here are the common stock market prices of each of these 6 US TV Broadcasting Companies on January 24, 2014, on March 6, 2009, and on December 31, 2007, sorted by Percentage Increase from March 6, 2009 to January 24, 2014:
| Market | Market | ||||||
| Price | Price | ||||||
| % | % | ||||||
| Change | Change | ||||||
| Market | Market | Market | 3-6-09 | 12-31-07 | |||
| Price | Price | Price | to | to | |||
| TV Broadcasting Corps | HQs | 1-24-14 | 3-6-09 | 12-31-07 | 1-24-14 | 3-6-09 | |
| Nexstar Broadcasting Group | Irving | TX | 45.11 | 0.65 | 9.14 | 6840% | -93% |
| Entravision Communications | Santa Monica | CA | 5.87 | 0.20 | 7.83 | 2835% | -97% |
| Gray Television | Atlanta | GA | 10.91 | 0.38 | 8.02 | 2771% | -95% |
| LIN Media | Providence | RI | 23.02 | 0.86 | 12.17 | 2577% | -93% |
| Sinclair Broadcast Group | Hunt Valley | MD | 30.11 | 1.13 | 8.21 | 2565% | -86% |
| CBS Corp | New York | NY | 58.39 | 3.36 | 27.25 | 1638% | -88% |
| Average % Change all 6 | 3204% | -92% |
