EXPLOSIVE GROWTH IN HD RADIO™ EQUIPPED VEHICLES, BOOSTS DIGITAL RADIO LISTENING TO OVER 3.8 BILLION ANNUALIZED HOURS
40% of New Car Buyers Now Enjoying HD Radio Experience
Columbia, Maryland – April 7, 2014 – iBiquity Digital Corporation, the developer of digital HD Radio Technology for AM and FM audio and data broadcasting, announced today that 16.5 million HD Radio equipped vehicles are now on the road and over 2,200 radio stations are broadcasting with HD Radio technology. These stations account for over 78% of all domestic listening, resulting in an estimated 3.8 billion hours of annual HD Radio listening. Based on the recent BIA report on Top Station Revenues, 94 of the top 100 highest billing radio stations are broadcasting with HD Radio technology.
All major car companies now offer HD Radio receivers in one or more of their vehicle platforms, many as standard equipment. As of the end of March, 2014, a new vehicle with HD Radio Technology is being sold every 4 seconds in the U.S.
As consumers purchase new vehicles equipped with HD Radio Technology, they tune to their favorite radio stations and discover the power and benefits of digital broadcasting; a cleaner, richer, and visual multimedia experience on their digital dashboards. Examples include:
The receiver above is available on the 2014 Honda Civic. Supported HD Radio features: Traffic, Artist Experience®, Program Info, HD2/HD3, and iTunes® Tagging.
This receiver is available on several 2014 Toyota vehicles. HD Radio features supported: Traffic, Weather, Artist Experience, Program Info, HD2/HD3, and iTunes® Tagging
The 2014 NAB HD Radio Booth
Located in the Central Hall – Booth C151
April 7 – 11, 2014
Demo a New Factory-Installed HD Radio Receiver in New Vehicles
About iBiquity Digital Corp.
iBiquity Digital Corporation is the developer of HD Radio Technology, which is fueling the digital radio revolution in the United States and around the world. The digital technology enables broadcasters to offer new HD2/HD3 FM channels through multicasting, crystal-clear sound and data service on both the AM and FM bands – all free, with no subscription fee. Leading broadcasters, consumer electronics manufacturers, automakers and retailers are committed to HD Radio Technology. iBiquity Digital is a privately held company with operations in Columbia, MD, Auburn Hills, MI and Piscataway, NJ. For more information, please visit www.hdradio.com and www.ibiquity.com.
For More Information Contact:
Big Wave Communications, for iBiquity Digital Corp.
For the full press kit, please visit:
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