Symphony for local radio.(digital radio)(Industry Overview)

Economist (US), The, December, 2002

Listeners could be receiving AM and FM radio with CD-quality sound sooner than even most broadcasters had expected

SEVERAL months ago, iBiquity Digital was riding high. With no competitors, this two-year-old firm, based in Columbia, Maryland, had a novel technology for replacing traditional AM and FM radio broadcasting with more robust digital signals. The Federal Communications Commission (FCC) in Washington, DC, had officially endorsed iBiquity's terrestrial digital radio format, known as IBOC (in-band on-channel). Although the FCC stopped short of finalising the licensing terms until a later hearing, it agreed to let local radio operators begin broadcasting in the new IBOC format.

It seemed only a matter of time before car owners, equipped with an...

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