Arbitron Updates Status of New Orleans Market Radio Audience Ratings
January 05 2010 - 1:27PM
PR Newswire (US)
COLUMBIA, Md., Jan. 5 /PRNewswire-FirstCall/ -- Arbitron Inc.
(NYSE:ARB) announced today that it will continue to estimate radio
audiences in the New Orleans, LA local market using its diary
methodology until further notice. The Company previously had
planned to utilize the Arbitron Portable People Meter(TM) radio
ratings service to produce audience estimates in New Orleans
beginning in late 2010. The Company is not commercializing its PPM
service in New Orleans in 2010 in part to help broadcasters in the
market continue to rebuild from Hurricane Katrina. Arbitron will
maintain an ongoing evaluation of the market. About Arbitron
Arbitron Inc. (NYSE:ARB) is a media and marketing research firm
serving the media - radio, television, cable, online radio and
out-of-home - as well as advertisers and advertising agencies.
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.
Portable People Meter(TM) and PPM(TM) are marks of Arbitron Inc.
PPM ratings are based on audience estimates and are the opinion of
Arbitron and should not be relied on for precise accuracy or
precise representativeness of a demographic or radio market.
Arbitron Forward-Looking Statements Statements in this release that
are not strictly historical, including the statements regarding
expectations for 2010 and any other statements regarding events or
developments that we believe or anticipate will or may occur in the
future, may be "forward-looking" statements. There are a number of
important factors that could cause actual events to differ
materially from those suggested or indicated by such
forward-looking statements. These factors include, among other
things, the current global economic recession and the upheaval in
the credit markets and financial services industry, competition,
our ability to develop and successfully market new products and
technologies, our ability to successfully commercialize our
Portable People Meter(TM) service, the growth rates and cyclicality
of markets we serve, our ability to expand our business in new
markets, our ability to successfully identify, consummate and
integrate appropriate acquisitions, the impact of increased costs
of data collection including a trend toward increasing incidence of
cell phone-only households, litigation and other contingent
liabilities including intellectual property matters, our compliance
with applicable laws and regulations and changes in applicable laws
and regulations, our ability to achieve projected efficiencies,
cost reductions, sales growth and earnings, and international
economic, political, legal and business factors. Additional
information regarding the factors that may cause actual results to
differ materially from these forward-looking statements is
available in our SEC filings, including our 2008 Annual Report on
Form 10-K. These forward-looking statements speak only as of the
date of this release and the Company does not assume any obligation
to update any forward-looking statement. DATASOURCE: Arbitron Inc.
CONTACT: Jessica Benbow, Arbitron Inc., +1-410-312-8363, Web Site:
http://www.arbitron.com/
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