Liquid Compass Enters 2012 With More Growth Expected
January 31, 2012 at 5:28 AM (PT)
After a decade of change in the terrestrial radio industry, LIQUID COMPASS reports they enter 2012 "with a steady growth record in both revenues and in building a diversified portfolio of new network streaming products and services."
"We're very pleased with our company's performance over the last 10 years, not only in organic revenue growth but in delivering our customers a product suite designed to keep local radio alive and thriving in today's changing media landscape," said Founder/CEO ZACKARY LEWIS.
"We've built a product foundation on top of our streaming services that we believe delivers a renaissance opportunity for our customers to position their stations, and radio itself, as a regionalized, digital marketing tool," said COO STEPHEN GUILLOT. "Over the last year alone, revenues per customer have increased by nearly 25% as a result of both satisfaction with LIQUID COMPASS' product and the addition of valuable new services that we continue to develop, like on-demand, up 83% from the previous year, and new products like ANDROID and iPHONE apps that are already bringing in strong revenues after being introduced just last year. More and more, our customers are learning to monetize their offerings with our a la carte services, some of which have realized 50 to 100% year-over-year sales increases for the company."