“We should be wherever our listeners are.” That’s the very simple premise that former MTV Exec Bob Pittman says Clear Channel is pursuing as he builds out their multi platform strategy. According to Pittman, Clear Channel already has a great strategy and systems in place, it is just a matter of rolling it all out.
Pittman says the listener doesn’t care about what device they are listening on, but they do care what they are listening to. He points out that Clear Channel’s got a large number of those brand loyal consumers. Whereas Google has about 175 million uniques on a monthly basis in the US, Clear Channel has over 200 million. Keeping them satisfied by offering them as many ways to listen as possible is the name of the game.
What about Pandora? Pittman sort of side steps that question, simply offering the stat that “only” about 4% of listening right now is to digital or online platforms, implying he’s not really concerned – yet.. He does point out that listening online “appears to be additive” meaning that listening online adds to total time spent listening to a station, which is of course a very good thing.
Pittman has put $5Million of his own money into Clear Channel, which makes him a credible spokesperson as well. Here’s the quick interview: