June 28, 2006 |
Encouraging the industry to move quickly on electronic audience measurement, CBS Radio chairman and CEO Joel Hollander said ratings shouldn’t be an issue that divides the industry. Speaking at the Bear Stearns-Interep Radio Symposium in New York, Hollander said selecting a new ratings methodology is “a lot more important” than Clear Channel’s Less Is More clutter reduction program and something that should have been done years ago.
Arbitron’s PPM rollout has been delayed by its inability, so far, to receive accreditation from the Media Ratings Council. Hollander predicted PPM would receive accreditation, “hopefully in September.”
Earlier, during a group heads session, Bonneville International president and CEO Bruce Reese, another PPM customer, said radio needs to address advertiser concerns about accountability. “We didn’t see anything that promised us a better, less expensive system quickly,” Reese said.
However, Cumulus chairman and CEO Lew Dickey said it was important for the industry to finish the evaluation process. “If we’re going to embark on a path for the next 20 years, we want to get it right and do it in a way that’s cost effective,” Dickey said. “Let’s finish the process. If at the end of the day, the people meter proves to be the best technology, then I suspect everybody will embrace it. If another technology emerges that is better able to capture listening, everybody should rally behind it.”
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