29.05.2008 14:00:00
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Arbitron and Sandusky Radio Sign Multi-Year Agreement for Portable People Meter(TM) Radio Rating Services
Arbitron Inc. (NYSE:ARB) today announced that Sandusky Radio, owner of
10 stations in the Seattle and Phoenix markets, has signed multi-year
contracts for Portable People MeterTM radio
ratings services.
Five stations are licensed in Phoenix including KDKB-FM, KDUS-AM,
KSLX-FM, KUPD-FM and KAZG-AM. These join the five stations announced
last week in Seattle (KIXI-AM, KQMV-FM, KKNW-AM, KWJZ-FM and KRWM-FM).
These agreements will take effect as and when Arbitron commercializes
the new audience ratings technology in Phoenix and Seattle.
Over the next three years, Arbitron is scheduled to deploy the Portable
People Meter in the top 50 markets in place of the paper diary method
that the company has used to collect radio audience estimates since 1965.
About Arbitron
Arbitron Inc. is a media and marketing research firm serving radio
broadcasters, cable companies, advertisers, advertising agencies and
outdoor advertising companies. Arbitron’s core
businesses are measuring network and local market radio audiences across
the United States; surveying the retail, media and product patterns of
local market consumers; and providing application software used for
analyzing media audience and marketing information data. The Company has
developed the Portable People Meter, a new technology for media and
marketing research.
Through its Scarborough Research joint venture with The Nielsen Company,
Arbitron also provides media and marketing research services to the
broadcast television, newspaper and online industries.
Arbitron’s marketing and business units are
supported by its research and technology organization, located in
Columbia, Maryland. Its executive offices are located in New York City.
Portable People MeterTM and PPMTM
are marks of Arbitron Inc. Arbitron Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. The
statements regarding Arbitron Inc. and its subsidiaries ("we," "our,"
"Arbitron" or the "Company") in this document that are not historical in
nature, particularly those that utilize terminology such as "may,"
"will," "should," "likely," "expects," "anticipates," "estimates,"
"believes," or "plans," or comparable terminology, are forward-looking
statements based on current expectations about future events, which we
have derived from information currently available to us. These
forward-looking statements involve known and unknown risks and
uncertainties that may cause our results to be materially different from
results implied by such forward-looking statements. These risks and
uncertainties include, in no particular order, whether we will be able
to:
successfully implement the rollout of our Portable People Meter(TM)
service;
successfully design, recruit, and maintain PPM panels that
appropriately balance research quality, panel size and operational
cost;
complete the Media Rating Council audit of our local market PPM
ratings services in a timely manner and successfully obtain and/or
maintain MRC accreditation for our audience measurement services;
renew contracts with large customers as they expire;
successfully execute our business strategies, including entering into
potential acquisition, joint-venture, or other material third-party
agreements;
effectively manage the impact, if any, of any further ownership shifts
in the radio and advertising agency industries;
respond to rapidly changing technological needs of our customer base,
including creating new proprietary software systems and new customer
products and services that meet these needs in a timely manner;
successfully manage the impact on our business of any economic
downturn generally and in the advertising market in particular;
successfully manage the impact on costs of data collection due to
lower respondent cooperation in surveys, privacy concerns, consumer
trends, technology changes and/or government regulations; and
successfully develop and implement technology solutions to measure
multi-media and advertising in an increasingly competitive environment.
There are a number of important factors known to Arbitron that could
cause actual events or actual results to differ materially from those
indicated by such forward-looking statements, including, without
limitation, the factors discussed or referenced under the heading "ITEM
1A. - RISK FACTORS" in our Annual Report on Form 10-K for the year ended
December 31, 2007, and elsewhere, and any subsequent periodic or current
reports filed by us with the Securities and Exchange Commission.
In addition, any forward-looking statements contained in this document
represent our estimates only as of the date hereof, and should not be
relied upon as representing our estimates as of any subsequent date.
While we may elect to update forward-looking statements at some point in
the future, we specifically disclaim any obligation to do so, even if
our estimates change.
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