The company will continue to lead the marketplace with
unparalleled programming and client service under the esteemed WestwoodOne
brand. The media company's 225 million consumers will still have access to
exclusive national radio coverage including: The NFL, Olympic Games, Barclays
Premier League, and the GRAMMY Awards.
Paul Caine |
"With the audio industry's ever-changing landscape we
know we've just scratched the surface of what's possible for audio's broad
consumption. By reclaiming and reviving an iconic audio brand name, we are not
changing who we are, but accelerating the great work we are doing to contribute
to the growth of audio."
As part of its commitment to the audio community, the
company has commissioned an industry study on the "power of sound,"
aimed at better understanding consumers, their behavior, and their interaction
with audio. The study builds on current recency data proving radio as the most
used medium closest to point-of-purchase and will explore trends in audio consumption
based on behavioral tendencies among various demographics.
Full study results are expected to be released in the fourth
quarter of 2013. Preliminary findings further the notion that audio is an
integral part of the new media landscape.
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