Radio. It’s On. Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved RADIO A mass medium delivering audio content to passionate and loyal listeners across multiple platforms Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved RADIO TODAY Personal Mobile Social Local Live Interactive RADIO Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved Experiential RADIO. IT’S ON. On Air Online On Target A mass medium capable of easily delivering your message to many people Digital capabilities offering interactive opportunities An environment that delivers consumers who are engaged and passionate about the content Targetable assuring the right people are exposed to your message Complements and enhances on air campaign by reaching consumers using multiple touch points Offering companionship and information A trusted medium and always available especially during times of crisis Delivers content wherever and whenever listeners want it Exposure to the message when and where consumers are ready to buy or shop Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved RADIO BOASTS HIGHEST MASS REACH AMONG POPULAR MEDIA Weekly Reach (% of Population) 93% 95% 92% 85% 87% 84% 74% 86% 73% 57% 50% 45% 49% 40% 47% 40% 40% 29% Adults 18+ P18-34 Radio TV PC TV-Connected Devices Source: Nielsen Comparable Metrics Report Q3 2015 Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved P35-49 Smartphone Tablet HIGHEST REACH AMONG ALL MEDIA OPTIONS Adults 18+ 89% 86% 82% 61% 57% 57% 44% 20% 13% 4% Listened to Radio Past 7 Days Watched Watched Any Broadcast TV Non-Premium Past Week Cable Past Week Read Any Used Cellphone Visited Visited Newspaper to Access Facebook Past YouTube Past Past Week Internet Month Month Source: Scarborough USA+, 2014 Release 2 Adults 18+ (August 2013 – September 2014) Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved Visited Pandora Past Month Listened to Satellite Radio Past Week Visited SpotifyPast Month HIGHEST REACH AMONG ALL MEDIA OPTIONS Adults 18-34 92% 78% 77% 77% 76% 65% 51% 34% 10% Listened to Used Cellphone Watched Any Visited Watched Radio Past 7 to Access Non-Premium Facebook Past Broadcast TV Days Internet Cable Past Month Past Week Week Source: Scarborough USA+, 2014 Release 2 Adults 18-34 (August 2013 – September 2014) Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved Visited YouTube Past Month Read Any Newspaper Past Week Visited Pandora Past Month Listened to Satellite Radio Past Week 8% Visited SpotifyPast Month HIGHEST REACH AMONG ALL MEDIA OPTIONS Adults 25-54 93% 85% 81% 70% 66% 57% 52% 24% 14% 4% Listened to Radio Past 7 Days Watched Watched Any Used Cellphone Visited Broadcast TV Non-Premium to Access Facebook Past Past Week Cable Past Internet Month Week Source: Scarborough USA+, 2014 Release 2 Adults 25-54 (August 2013 – September 2014) Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved Read Any Newspaper Past Week Visited Visited Pandora Listened to YouTube Past Past Month Satellite Radio Month Past Week Visited SpotifyPast Month CONSISTENT REACH LEVELS A MEDIUM FOR ALL SEASONS 91% 91% 91% 91% 91% 93% 92% 92% 92% 92% 94% 94% 93% 93% 93% P18+ P18-49 P25-54 Dec '14 Mar '15 Jun '15 Sep '15 Dec '15 Source: Nielsen Audio, RADAR® 123-127, December 2014-March 2014, June 2015 – September 2015, December 2015 (Monday-Sunday 24-Hour Cume Estimates, All Radio) Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved REACH AND TIME SPENT ACROSS DEMOS Adults 18-34 Weekly Reach: 90.5% Adults 35-49 Weekly Reach: 93.6% Adults 50-64 Weekly Reach: 93.4% Weekly TSL: 11hrs:44min Weekly TSL: 14hrs:17min Weekly TSL: 15hrs:57min Best Daypart: 3-7p Reach: 79.2% Best Daypart: 3-7p Reach: 83.8% Best Daypart: 10a-3p Reach: 84.0% Hispanic 18+ Weekly Reach: 93.1% AfricanAmerican 18+ Weekly Reach: 91.2% Weekly TSL: 13hrs:54min Weekly TSL: 14hrs:23 min Best Daypart: 10a-3p Reach: 83.1% Best Daypart: 10a-3p Reach: 79.7% Source: Nielsen Audio RADAR 127, December 2015 (Monday-Sunday 24-Hour TSL and Cume Estimates; Monday-Sunday Daypart Cume Estimates) Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved GREATER HOURLY USE VS. DIGITAL DEVICES A18+ weekly hours of usage 12.9 HRS AM/FM Radio 31.8 HRS Traditional Television 8.9 HRS Using any App/Web on Smartphone Source: Nielsen Comparable Metrics Report Q3 2015 Adults 18+ Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved 6.2HRS Using the Internet on Computer 2.6 HRS Using any App/Web on Tablet AN IMPORTANT PART IN TWEENS’ AND TEENS’ DAY Avg Time Among All % Who Use Avg Time Among Who Use Tween Teen Tween Teen Tween Teen :51 1:54 57% 81% 1:29 2:20 Computer :02 :16 3% 12% --- 2:11 Smartphone :10 :41 12% 40% 1:25 1:41 Tablet :06 :07 10% 8% :57 1:36 Radio :20 :27 34% 34% :58 1:20 CDs :04 :05 5% 6% 1:13 1:16 iPod/MP3 Player :09 :18 12% 17% 1:17 1:46 Total Time Spent Listening to Music Source: The Common Sense Consensus: Media Use by Tweens and Teens , 2015 Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved Tween: 8-12 yrs Teen: 13-18 yrs LISTENERS CHOOSE RADIO OVER FACEBOOK Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved #1 SOURCE OF MUSIC DISCOVERY 61% 45% 31% 27% 25% 23% 13% 12% 10% 9% 8% 8% 7% Note: Radio is AM/FM or Satellite Source: Nielsen Music 360 2015 Report Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved MOST USED SOURCE FOR MUSIC DISCOVERY AM/FM Radio 29% Friends/ Family 22% 2015 YouTube 10% Others, 20% Pandora 8% Spotify 3% Source: The Infinite Dial 2015 – Edison Research / Triton Digital Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved Sirius XM Facebook 4% 4% Base: Those saying it is “Very Important” or “Somewhat Important” to Keep Up-To-Date With New Music BROADCAST RADIO PLAYS MORE “LIKED” SONGS 5.7 5.8 5.2 Total 5.5 5.5 5.6 6.0 5.5 6.1 5.6 4.8 CHR P1 AC/Variety Hits P1 Country P1 Rock/Alt P1 5.9 4.9 Classic Rock/Hits Urban/Urban AC P1 P1 Imagine you tune into the station you listen to most for music and listen to the next 10 songs. How many will be songs you like a lot? Imagine you start a session on Pandora and listen to ten songs without skipping any of them. How many will be songs you like a lot? Based on 1,100 respondents 14-54 in PPM markets, 2014 Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved 5.3 CONSISTENT TIME SPENT WITH RADIO VS. OTHER DEVICES ACROSS ALL GROUPS 2:47 9:49 6:41 3:54 2:35 8:55 6:14 3:33 HRS:MIN 1:36 13:20 11:51 4:47 3:29 12:52 13:30 46:25 31:47 25:03 Adults 18+ TV Radio African-Americans 18+ TV-Connected Devices Source: Nielsen Comparable Metrics Report Q3 2015 Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved PC Hispanics 18+ Smartphone Tablet DAYTIME IS RADIO’s PRIME TIME 100% Tablet 80% PC TV Connected Devices* Radio 60% 40% TV 20% 5A 4A 3A 2A 1A 12A 11P 10P 9P 8P 7P 6P 5P 4P 3P 2P 1P 12P 11A 10A 9A 8A 7A 0% 6A Share of Average Audience Smartphone Weekday (M-F) Overall Media Usage: P18+ May 2015 *TV Connected Devices (DVD, Game Console, Multimedia Device, VCR) Source: Nielsen Total Audience Report Q2 2015 Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved TECHNOLOGY DELIVERS RADIO BEYOND THE DIAL Expanding Radio’s delivery platforms to create an interactive, engaging and highly communicative environment via devices and apps Image Source: Tune-In and iHeartRadio Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved FM-ENABLED SMARTPHONES To date: • Over 5.3 million app downloads • Over 12,600 FM radio stations tuned to from the app • Over 11.3.6 million hours of listening through NextRadio • And 4/5 in Google Play Store user rating Source: NextRadio + TagStation Insights – For additional updates : http://tagstation.com/news/insights/ Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved DELIVERS RELEVANT INTERACTIVITY “Content cards” provide information and highly relevant interactive tools: • Click to buy (song or other related content) • Upcoming concerts and album releases for artist currently playing • Recent station playlist Source: NextRadio + TagStation Insights – For additional updates : http://tagstation.com/news/insights/ Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved MORE TECHNOLOGY THAT CONVERTS LISTENING TO ENGAGEMENT Technology converts radio listening into an engaging user experience, empowering listeners to see what they hear and take action. Image Source: Clip Interactive Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved PULLING DIGITAL CONTENT ONTO DEVICES Click here to view Clip Interactive case studies Image Source: Clip Interactive Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved RADIO’S DIGITAL PLATFORMS ARE STEADILY GROWING HD Radio Over 25 Million HD radio receivers are in the marketplace Podcasts 46MM Americans have downloaded a podcast in the past month Streaming Over 7200 streaming stations in 2015 Source: HD Radio stat from iBiquity/HD Radio, 2015; The Infinite Dial 2015 – Edison Research / Triton Digital; Inside Radio / M Street Corp., January 2015; No Canadian or Mexican stations are included Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved MOST CHOSEN IN-CAR FEATURE AM/FM Radio 80% CD Player 68% MP3 Smartphone Player Access 48% Satellite Radio 45% Streaming Internet Radio/ Streaming Music Service 34% Satellite Radio 25% HD Radio 25% Q: Disregarding any associated costs, if you could select only up to 3 of the following options to be available on your next car entertainment systems, which 3 would you select? Preference for Entertainment Options in Next Car Source: Ipsos In-Car Audio Study, February 2015 Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved THE BATTLE FOR THE DASH All major auto brands offered factory-installed HD Radio Technology as of 2014 185+ Brands with HD Radio Technology 166 Vehicle Lines with HD Radio Technology 154 HD Radio as Standard Equipment 109 86 76 67 90+ 61 36 28 21 16 2010 2011 Source: iBiquity Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved 35 33 2012 2013 2014 PODCAST LISTENER PROFILE 2x More Likely to Listen to Online Radio Vs. U.S. Population Age Composition 18-24 15% Yes 20% 25-34 20% 12-17 15% 65+ 6% 35-44 17% 55-64 12% 45-54 15% No 80% U.S Population Listening to Online Radio = 11% % Listening to Online Radio Past Week* *Online Radio defined as AM/FM Streams & Internet –Only Source: The Infinite Dial 2015 – Edison Research / Triton Digital Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved HEAVY PANDORA USERS ARE HEAVY BROADCAST RADIO LISTENERS Source: NuVoodoo study based on 1,110 respondents 14-54 in PPM markets - released 2014 Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved CHANGING VIEWS OF PANDORA LISTENERS Can't skip enough songs Commercials are annoying Using other services No local information Too predictable 2015 Gets boring 2014 Too many songs I don't like Not enough music discovery Too many political spots NA Miss hearing people Computer/mobile device negative 0% 10% 20% 30% Among those listening less Source: Jacobs TechSurvey 11, 2015 Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved 40% 50% 60% LISTENERS TAKE THEIR AUDIO ON THE GO • On-demand content delivering sports, music, information and entertainment downloads whenever and wherever the listener wants it • Adults 18+ spend 79% of their online time on Smartphones listening to streaming radio every week • 55% of listeners said they listen to their favorite personalities on computers or mobile devices when away from a radio Source: comScore / Millennial Media, 2015: USC, Annenberg School for Communication & Journalism, PSI Study Released June 2012, Woodley, P. and Movius, L. People With a Favorite Radio Personality in LA; Scarborough USA+ Release 2 of 2012. Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved RADIO PEAKS DURING THE WORKDAY 81% 79% 82% 83% 78% 79% 72% 77% 76% 68% 60% 58% P18+ P18-34 P25-54 3-7P 10A-3P 6-10A 7P-12M 3-7P 10A-3P 6-10A 7P-12M 3-7P 10A-3P 6-10A 7P-12M 3-7P 10A-3P 55% P35-64 Source: Nielsen Audio, RADAR 127, December 2015 (Persons 18+, 25-54 and 35-64, Monday-Sunday 24-Hour Weekly Cume Estimates, All Radio) Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved 7P-12M 62% 6-10A How to read: Each day from 3-7p, radio reaches 83% of Adults 25-54. 83% 83% RADIO DRIVING INFLUENCE AND BEHAVIOR Radio Advertising topped Television, Social Media, and Direct Mail and was 2x as effective as Newspapers in influencing Healthcare choices. As a consumer gets closer to buying a vehicle, advertising influence Radio goes up with edging out all others in last 30 days. Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved RADIO HAS POSITIVE IMPACT ON PRODUCT SALES $23.21 Radio Payback per $1 Investment $17.00 $16.37 $14.00 $11.15 $9.48 $7.33 $4.33 $4.17 $3.81 $3.12 $3.01 RETAIL (B) DEPT STORES MASS MERCH TELCO RETAIL (A) HOME IMPRVT SNACKS (A) SNACKS (B) BEER SOFT DRINK (A) CANDY QSR $1.97 $1.81 $1.38 SOFT DRINK (C) Gray represents results from 2014 Catalina studies; other colors represent studies done in 2015 based on 2014/2013 comparisons Copyright ©2015 The Nielsen Company. 2015. BFAST BAR SOFT DRINK (B) REACHING MAIN STREET CONSUMERS 94% 92% 90% A18+ who are selfemployed or work at home Spent $200+ in groceries in past month A18+ shopped any major department store in past 3 months Household plans to buy/lease a full size car or luxury vehicle next year A18+ whose household has a home equity or home improvement loan A18+ who are registered to vote in district of residence Source: Scarborough USA+ 2014 Release 2 (February -September 2014) Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved POSITIVE RESPONSE TO RADIO ADS 91% 91% Provides meaningful information about consumer product use Advertising on radio is amusing 90% 91% Useful information about new products or services Provides useful information about bargains Source: Scarborough USA+ 2013 Release 2 (August 2012 – September 2013) Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved PERSONALITY TESTIMONIALS DRIVE RADIO LISTENER TRUST 55% 36% 8% 2% Increase Decrease Stay the same I don't know Does hearing one of your favorite radio station personalities provide testimonials for health care or medical products or services make you trust that product or service… Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved RADIO’S EQUATION MUSIC + INFO + EMOTION What’s Going On Locally 39% Prizes 12% Keeps Me Company 45% Get in a Better Mood 40% Sports 16% Charitable Events 20% Source: Jacobs TechSurvey 11, 2015 In the Habit 48% Talk Shows 28% News/ Weather/ Traffic 49% Music Surprises 28% Main Reason for Listening to Radio Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved Like to Work with Radio 55% Escape Life’s Pressures 31% DJs/ Hosts/ Shows 55% Discover New Music 34% Hear Favorite Songs 67% Emergency Info 34% NO COMMERCIAL SKIPPING • 2011 highlights 93% retention • 2006 highlights 92% retention • No time shifting • No below the fold • No load times Sources: 2011 Nielsen Audio, Media Monitors, and Coleman Insights Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved RADIO. IT’S ON. On Air Online On Target A mass medium capable of easily delivering your message to many people Digital capabilities offering interactive opportunities An environment that delivers consumers who are engaged and passionate about the content Targetable assuring the right people are exposed to your message Complements and enhances on air campaign by reaching consumers using multiple touch points Offering companionship and information A trusted medium and always available especially during times of crisis Delivers content wherever and whenever listeners want it Exposure to the message when and where consumers are ready to buy or shop Presentation courtesy of the Radio Advertising Bureau, 2015 – All Rights Reserved