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ARB Altshares Merger Arbitrage ETF

26.9125
-0.0254 (-0.09%)
After Hours
Last Updated: 21:15:00
Delayed by 15 minutes
Name Symbol Market Type
Altshares Merger Arbitrage ETF AMEX:ARB AMEX Exchange Traded Fund
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -0.0254 -0.09% 26.9125 26.93 26.87 26.87 1,459 21:15:00

Arbitron Responds to GAO Inquiry of PPM

28/07/2009 10:09pm

PR Newswire (US)


Altshares Merger Arbitra... (AMEX:ARB)
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COLUMBIA, Md.; July 28 /PRNewswire-FirstCall/ -- Arbitron Inc. (NYSE:ARB) has released the following statement "According to the website of the U.S. House of Representatives Committee on the Judiciary, a group of ten members of Congress have requested that the Government Accountability Office study the Arbitron Portable People Meter(TM) and its "effect on advertising revenue streams for radio stations." Arbitron is and will continue to monitor the situation. "As always, Arbitron welcomes every opportunity to discuss the PPM technology, service and our sampling methodology. We continue to have a dialogue with key members of Congress as well as other interested parties, and look forward to helping the radio industry as a whole remain competitive in the current media marketplace." The PPM radio audience estimates are currently used as the basis for buy/sell transactions of radio commercial time among subscribing stations, agencies and advertisers in 20 major U.S. markets. About the Portable People Meter The Arbitron Portable People Meter system uses a passive audience measurement device - about the size of a small cell phone - to track consumer exposure to media and entertainment, including broadcast, cable and satellite television; terrestrial, satellite and online radio as well as cinema advertising and many types of place-based electronic media. Carried throughout the day by randomly selected survey participants, the PPM device can track when and where they watch television, listen to radio as well as how they interact with other forms of media and entertainment. The PPM detects inaudible codes embedded in the audio portion of media and entertainment content delivered by broadcasters, content providers and distributors. At the end of the day, the meter is placed in a docking station that extracts the codes and sends them to a central computer. The PPM is equipped with a motion sensor, a patented quality control feature unique to the system, which allows Arbitron to confirm the compliance of the PPM survey participants every day. 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. DATASOURCE: Arbitron Inc. CONTACT: Jessica Benbow, Arbitron Inc., +1-410-312-8363, Web Site: http://www.arbitron.com/

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