11月 5, 2020

Xperi Applauds FCC Approval of All-Digital AM

Authorization of voluntary move to All-Digital AM Radio heralds a new generation of radio listening for the digital age

San Jose, Calif.—November 5th, 2020 – Xperi Holding Corporation (NASDAQ: XPER) (“Xperi”), owner of HD Radio and DTS Connected Radio brands, released a statement today on the recent FCC authorization of All-Digital AM Radio.

“We thank the FCC for expeditiously approving commercial All-Digital AM Broadcasting,” said Jeff Jury, GM Automotive at Xperi. “This broadcast-led initiative heralds a new generation of radio listening for the digital age. With more than 4,500 AM radio stations in the United States, we anticipate a growing number of digital-only stations in the future.

“We believe this authorization benefits both broadcasters and listeners and, to that end, Xperi is working closely with the broadcast community to support new station launches. Because existing HD Radio technology is future-proof, it will enable both legacy analog stations, existing analog/digital simulcast stations and any new all-digital stations going forward.

“The pandemic has reinforced the importance of radio as a means of communicating with, and alerting, the public about health and safety issues. All-Digital AM will further support this.

“We look forward to working with the auto industry in further rolling out digital radio technology in vehicles and are currently engaging in digital testing for both electric and ICE vehicles so that the cars of the future receive digital and analog stations through HD Radio technology.

“Radio continues to be what consumers want, front and center in the dashboard, and this ruling from the FCC helps us further our mission of ensuring that automakers are able to leap ahead, and give today’s consumers the listening experience that they want.”

• 53M people listen to AM broadcasting on a weekly basis
• Radio is the most frequently used audio source in the car with over 50% use by 81% of drivers
• Radio continues to reach more Americans each week than any other platform.
• AM/FM radio listening reaches over 92% of the American population each week.

The FCC Report and Order allows AM radio stations to operate using all-digital broadcast signals offering AM listeners significantly improved audio quality and more reliable coverage over a wider listenable area than analog or hybrid digital broadcasts. It also allows broadcasters to provide additional services to the public, such as song title and artist information. These enhancements will enable AM broadcasters to better compete in today’s media marketplace. Click here to read the FCC’s full release on the authorization https://docs.fcc.gov/public/attachments/DOC-367780A1.pdf)

HD Radio, which resides in more than 70 million automobiles, is the most successfully deployed commercial digital radio system in autos worldwide. DTS Connected Radio, built on the largest and deepest data set of broadcast and music metadata, combines over the air broadcast with IP-delivered content for a robust, richer, more personalized in-cabin infotainment experience.

About Xperi Holding Corporation
Xperi invents, develops, and delivers technologies that enable extraordinary experiences. Xperi technologies, delivered via our brands: DTS, HD Radio, IMAX Enhanced, Invensas, TiVo, and by our startup, Perceive, make entertainment more entertaining, and smart devices smarter. Xperi technologies are integrated into billions of consumer devices, media platforms, and semiconductors worldwide, driving increased value for partners, customers and consumers around the globe.

Xperi, DTS, IMAX Enhanced, Invensas, HD Radio, Perceive, TiVo and their respective logos are trademarks or registered trademarks of affiliated companies of Xperi Holding Corporation in the United States and other countries. All other company, brand and product names may be trademarks or registered trademarks of their respective companies.

Xperi Media Contact:
Melanie Webber, mWEBB Communications
+ 1 949-307-1723
melanie@mwebbcom.com Xperi Investor Contact:

Geri Weinfeld
+1 818-436-1231
geri.weinfeld@xperi.com
SOURCE: Xperi Holding Corporation

[1] Nielsen Audio, Spring 2019
[2] Edison Ressearch / The Infinite Dial 2019.
[3] Nielsen Comparable Metrics Report Q2 2017
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