Wednesday, June 2, 2010

Arbitron and Spanish Broadcasting System Enter Into Settlement Agreement

COCONUT GROVE, Fla. and COLUMBIA, Md., June 2 /PRNewswire-FirstCall/ -- Spanish Broadcasting System, Inc. (Nasdaq: SBSA) (SBS) and Arbitron Inc. (NYSE: ARB) announce today that they have entered into a settlement agreement. SBS will resume encoding its broadcast signals for all of its markets that use the Arbitron's Portable People Meter™ (PPM™) radio ratings service, and SBS has extended its agreement with Arbitron for the use of PPM ratings in those markets.


Frank Flores, SBS Chief Revenue Officer, endorsed the outcome, noting: "Both Arbitron and SBS are committed to working together to address SBS's previously-voiced concerns about the impact of the PPM service on minority radio broadcasters." Flores added that, "SBS is gratified that it has reached an amicable resolution with Arbitron."


"SBS is a valued client, and we look forward to growing our relationship, and moving forward together in a productive and meaningful way," said William T. Kerr, Arbitron Chief Executive Officer and President. "We believe that the radio industry is best served when Arbitron and broadcasters work collaboratively."


Read full article

No comments:

Popular Posts

New York Time

Copyright 2017 ©
Netvision SA and PlanetM
New York, New York, USA 10008
You can copy this content without permission but you must notify us via email.
Otherwise, it is illegal. All rights reserved worldwide
Updated by Carlos Vassallo

Total Pageviews