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Concentration Risk
9 Months Ended
Sep. 30, 2012
Concentration Risk
13. 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     Three-Month     Nine-Month     Nine-Month  
     Period Ended     Period Ended     Period Ended     Period Ended  
     September 30,     September 30,     September 30,     September 30,  
     2012     2011     2012     2011  

Quantitative radio audience ratings service and related software licensing revenue

     94     95     91     91

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 19% and 10% of its total accounts receivable balance as of September 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.