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Concentration Risk
6 Months Ended
Jun. 30, 2012
Concentration Risk
14. Concentration Risk

Arbitron is a leading media and marketing information services firm primarily serving radio, advertisers, advertising agencies, cable and broadcast television, retailers, out-of-home media, online media, mobile media, telecommunications providers, and print media.

The Company’s quantitative radio audience ratings service and related software licensing revenue accounted for the following percentages, in the aggregate, of total Company revenue:

 

     Three-
Month
Period
Ended
June 30,
2012
    Three-
Month
Period
Ended
June 30,
2011
    Six-Month
Period
Ended
June 30,
2012
    Six-Month
Period
Ended
June 30,
2011
 

Quantitative radio audience ratings service and related software licensing revenue

     82     81     89     89

The Company had one customer that individually represented approximately 19% of its annual revenue for the year ended December 31, 2011. The Company had two customers that individually represented approximately 18% and 10% of its total accounts receivable balance as of June 30, 2012, and two customers that individually represented approximately 23% and 11% of its total accounts receivable balance as of December 31, 2011. The Company has historically experienced a high level of contract renewals.