DETROIT, March 30 /PRNewswire/
-- Loyal Ears (http://www.LoyalEars.com
) a media rewards company, announces the first independent podcasting platform
that marries radio's huge audience penetration with the rapidly emerging download
technology.
In an effort with Los Angeles
based Bridge Ratings (http://www.BridgeRatings.com
), Loyal Ears has designed a turn-key application that will use radio's reach
of 285 million persons to facilitate free or revenue download podcasts for listener
consumption.
Loyal Ears President Jimmy
Risk remarked, "Clear Channel's entry last week (http://www.loyalears.com/cc_podcast.htm
) into podcasting underscores the urgency for radio to connect beyond the dial.
Fortunately our technology makes sure that Clear Channel stations won't be having
all the fun. At low cost, we'll arm their competitors with everything they'll
need to spread brand and revenue by podcast and beat them to the punch in most
markets. Biggest is never fastest."
Mid-West Family Broadcast
President/GM/Springfield, IL Glen Gardner commented, "This technology will
give us several opportunities including the ability to compete directly with
satellite radio. Our revenue model is based on research that indicates podcasting
fans don't want business as usual. We think people are willing to pay for many
pods including edgy programming. Sirius is banking half-a-billion dollars on
that premise. It will cost us pennies on the dollar."
The technology provides
radio stations with a platform for free podcasts with sponsorship opportunities
or an on-demand model with download revenue. Armed with monthly research from
Bridge Ratings, Loyal Ears will also offer a highly valuable advisory service
offering new and exciting ways to advance commercial podcast efforts. Loyal
Ears will roll out their client stations in April 2005. For more information,
go to http://loyalears.com/podcast.php.
About Loyal Ears:
Loyal Ears is a company
that stood at the vanguard of the loyalty movement in radio America and England.
Using proprietary technology, Loyal Ears is a respected developer of dynamic
loyalty software for terrestrial radio. Their foray into podcast delivery represents
a major breakthrough for radio stations who are battling attrition due to an
audience that wants their entertainment and information customized and portable.
Over the next five years, shipments of MP3 players will expand to over 135 million
units.
*iPod is a registered trademark
of Apple Computer Corporation