Download slacker radio sign up12/16/2023 "Ninety percent of Americans listen to iHeart broadcast radio stations every month. "To the contrary - the strength and foundation of our company is our broadcast radio stations," he said. Pittman was asked whether competition with "big guns like Apple and Spotify" might force him to shut down the radio stations and towers? "With us, they’re looking for connection, companionship and someone to hang out with, and that’s our purpose - even though we may also be playing music on some of our radio stations," Pittman said. Radio offers a chance to "join the world." Pittman, who previously ran MTV, AOL, and Six Flags, said consumers use music "to unplug from the world - no on-air personalities, no information, no stories, no interviews - just music.” The consumer uses us both."Ĭoncern over the future of radio services prompted a bipartisan group of lawmakers last month to introduce a bill seeking to require automakers to keep AM radios in vehicles without an added charge. "Radio and music collection services are quite different products. In fact, 80% of Americans agree with the statement ‘I listen to both FM radio and music collections, but at different times, for different reasons.' We’re not competitive with the music services - we’re synergistic. "All the new streaming music services replace products that came before - iTunes, CDs, and even cassettes. "Actually, radio is as strong as ever," Pittman told Moynihan. In an interview with the New York Post's Lydia Moynihan, Pittman said podcasts and music services such as Spotify and Apple Music have not hurt radio’s popularity. IHeartMedia CEO Bob Pittman says "radio is as strong as ever" despite an ever-changing audio and media landscape.
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