The radio industry has experienced a great amount of consolidation since the Telecommunications Act of 1996 was enacted, yet hundreds of major radio stations continue to change hands every year. As a service to investors who are considering an ownership stake in radio, Arbitron presents these links to assist you in learning about and understanding the radio industry. These links will take you to a number of reports that underscore radio’s vitality in an era of nearly unlimited media choices. You can also check radio’s pulse through American Radio Listening Trends, the constantly updated database of listener information. To learn more about investing in radio, contact Rich Tunkel, senior sales manager, National Group Services.