Nielsen to Acquire Arbitron - Radio Magazine

Nielsen to Acquire Arbitron

Author:
Publish date:
Social count:
0

Nielsen to Acquire Arbitron

Dec 18, 2012 11:54 AM

New York and Columbia, MD - Dec 18, 2012 - Nielsen Holdings has signed a definitive agreement to acquire Arbitron. The transaction has been approved by the boards of both companies and is subject to customary closing conditions, including regulatory review.

"U.S. consumers spend almost two hours a day with radio. It is and will continue to be a vibrant and important advertising medium," said Nielsen Chief Executive Officer David Calhoun. "Arbitron will help Nielsen better solve for unmeasured areas of media consumption, including streaming audio and out-of-home. The high level of engagement with radio and TV among rapidly growing multicultural audiences makes this central to Nielsen's priorities."

With Arbitron assets, Nielsen intends to further expand its Watch segment's audience measurement across screens and forms of listening. "These integrated, innovative capabilities will enable broader measurement of consumer media behavior in more markets around the world," said Steve Hasker, Nielsen president of global media products and advertiser solutions.

Sean R. Creamer Named CEO of Arbitron

Creamer has been executive vice president, chief operating officer, since August 2011, and joined the Arbitron Board of Directors in August 2012....

Nautel Modernizes Maine Manufacturing Facility

The company makes a major investment in new equipment for transmitter construction facility in the USA....

Related