• by Wayne Friedman , October 8, 2014

Media stocks recovered much of their massive stock-market losses on Tuesday -- with equally hefty gains on Wednesday.

Dow Jones Industrials soared 274 points -- 1.6% -- to 16,994, after sinking nearly the same amount on Monday. Tuesday was the index’s biggest one-day gain of the year.

Cablevision Systems was a big mover, up 4.4% to $18.07. Twitter also gained big -- some 3.5% higher to $55.42 -- and Comcast Corp. added 2.9% to $54.77.

Discovery Communications moved up 2.7% more to $37.16; Netflix gained 2.3% to $466.86; Charter Communications improved 1.71% to $154.25; 21st Century Fox was up 1.4% to $34.11; and Walt Disney grew 1.2% to $88.11.

CBS moved at a slower pace -- 0.8% to $52.58. Scripps Networks Interactive was up about the same amount, 1% to $77.40; and AMC Networks was up 0.9% to $56.44.

Google improved 1.7% to $583.74 and Facebook was at about the same level -- 1.6% higher, to $77.52. Satellite TV distributors also participated but at lower levels: DirecTV inched up 0.4% to $87.70, while Dish Network did a bit better -- 0.8% to $64.22.

Among TV stations, Sinclair Broadcast Group was 2.9% higher to $25.89; Nexstar Broadcasting Group added 0.8% to $39.69; and Gannett Co. was up 0.8% to $29.21.

Tribune Media was one of few that went in the other direction, sinking 1.7% to $62.00. Media General was also lower -- 0.4% to $13.55.