AUGUST 2014 TOP 20 RANKER

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AUGUST 2014 TOP 20 RANKER Webcast Metrics by Triton Digital www.tritondigital.com measurement@tritondigital.com United States Canada Europe Latin America Middle East

Insights & Trends Monthly Insights Compared to August 2013, August 2014 Average Active Sessions (AAS) grew in both the M-F 6A-8P daypart (14.1%) and the M-SU 6A-Midnight daypart (14.6%). 14.1% INCREASE IN AAS AUGUST 2014 VS. AUGUST 2013 (M-F 6A-8P) Listening by Market Looking at the top 20 markets, Phoenix showed the largest listening gain with a 27.8% increase in AAS (M-F 6A-8P), followed by St. Louis, Tampa, Atlanta, Philadelphia and Washington. 27.8% 17.4% 16.9% 8.7% 6.5% 5.4% Phoenix St. Louis Tampa Atlanta Philadelphia Washington The gain in Phoenix could be attributed to the two storms that hit Phoenix on August 12th and August 19th causing flash flooding and power outages across the valley. Motorists were stranded on the highways and mandatory evacuations were issued to certain areas. The gain in St. Louis could be attributed to the shooting of Michael Brown. On August 9th, a police officer shot and killed Michael Brown, an unarmed 18-year-old teenager in Ferguson, MO, a suburb of St. Louis, sparking anarchy in the region. Protests turned violent during the ensuing week. On August 16th, Missouri Governor Jay Nixon declared a state of emergency and imposed a curfew from midnight to five a.m. in Ferguson. Average Active Sessions (AAS) is the average number of listeners (with duration of at least one minute) during the daypart/time period. www.tritondigital.com measurement@tritondigital.com United States Canada Europe Latin America Middle East

Insights & Trends Listening by Format The Adult Contemporary format showed the largest listening gains with a 23.8% increase in AAS (M-F 6A-8P), followed by Top 40 (CHR), Hot AC, Classic Rock, News/Talk, Country, and Classic Hits. 23.8% 8.4% 6.7% 6.0% 5.4% 3.7% 1.3% Adult Contemporary Top 40 (CHR) Hot AC Classic Rock News/Talk Country Classic Hits Audio Consumption During the M-F 6A-8P daypart, 32% of listening took place on an ios device, followed by Android (28%), and Google Chrome (10%). Other 14% M-F 6A-8P Firefox Browser 4% ios 32% Flash Player 5% Internet Explorer 7% Google Chrome 10% Android 28% *The category Other consists of devices, types and browsers that are less than 2% of total audio consumption and audio consumption that cannot be classified. Average Active Sessions (AAS) is the average number of listeners (with duration of at least one minute) during the daypart/time period. www.tritondigital.com measurement@tritondigital.com United States Canada Europe Latin America Middle East

August Digital Audio Top 20 Ranker Learn More Contact a Triton representative today. Methodology For more information on measurement collection and limitations, download our Description of Methodology. Join Our Email List Join our mailing list and get the Top 20 Rankers on a monthly basis. Triton Digital has released its monthly digital audio Top 20 Ranker for August 2014. The Ranker is a listing of the top-performing digital audio stations and networks measured by the Webcast Metrics audience measurement platform. Webcast Metrics uses a proprietary platform to track audience data and convert it to audience metrics that can be easily understood by stations, publishers and advertisers. Audience rankings are done on the basis of Average Active Sessions, with "Session Starts" and Average Time Spent Listening also displayed. Average Active Sessions (AAS) is defined as Total Listening Hours (TLH) divided by hours in the reported time period. TLH is defined as the total number of hours that the station/publisher has streamed during sessions with duration of at least one minute in total within the reported time period. Session Starts (SS) is defined as the number of different requests for streams (i.e., stream requests) with a duration of at least one minute in total within the reported time period. Average Time Spent Listening (ATSL) is defined as the average number of hours for each session with a duration of at least one minute in total within the reported time period. Calculated as total time spent listening divided by active sessions. Rankers are divided into Domestic and All Streams. The Domestic Ranker quantifies listening done inside the U.S. based on log-based information provided by the station, this report is not MRC accredited. The All Streams Ranker merely verifies the quantity of streams without qualifying where they are being consumed, and is MRC accredited. For more information on measurement collection and limitations, please view the Triton Description of Methodology available at: www.tritondigital.com/media/default/rankers/triton-digital-methodology.pdf If you have any further questions, please contact: measurement@tritondigital.com See August rankings below:

AUGUST DOMESTIC RANKER (based on AAS) DAYPART 6:00am to 8:00pm, Monday through Friday Station Average Active Sessions Session Starts Average Time Spent Listening Katz Digital Audio 434,770 194,104,283 0.65 1 Pandora Corporate 2,169,007 1,040,948,870 0.60 2 iheartmedia 1 332,263 160,363,755 0.60 3 Slacker, Inc. 57,356 36,047,868 0.46 4 Cumulus Streaming Network 54,970 19,546,771 0.81 5 CBS Radio Inc. 54,400 28,210,041 0.56 6 NPR Member Stations 48,218 15,153,705 0.89 7 ESPN Radio Corporate 24,842 11,709,443 0.62 8 Cox Radio Inc. 24,501 7,976,405 0.89 9 EMF Corporate 21,615 4,729,276 1.31 10 Univision 17,747 9,498,408 0.54 11 idobi Radio 17,469 2,381,745 1.93 12 Greater Media Corporate 13,628 3,844,149 1.02 13 Townsquare Media 12,238 2,466,528 1.43 14 Salem Communications 10,476 3,386,914 0.88 15 Hubbard Broadcasting 8,613 2,145,636 1.16 16 New York Public Radio 8,023 2,338,453 0.96 17 AccuRadio 6,786 926,648 2.11 18 Beasley Broadcasting Corporate 5,529 1,913,629 0.84 19 Prisa Radio 4,780 2,772,374 0.50 20 Radio One 4,368 813,260 1.55 Average Active Sessions (AAS): Total Listening Hours (TLH) divided by hours in the reported time period. TLH is defined as the total number of hours that the station/publisher has streamed during sessions with a duration of at least one minute in total within the reported time period. Session Starts (SS): The number of different requests for streams (i.e., stream requests) with a duration of at least one minute in total within the reported time period. Average Time Spent Listening (ATSL): The average number of hours for each session with a duration of at least one minute in total within the reported time period. Calculated as total time spent listening divided by active sessions. Note: Ranker data only includes clients that participate for the full month for which the ranker is being released These groups are part of Katz Digital Audio 1 iheartmedia includes TheBlaze Radio Network

AUGUST ALL STREAMS RANKER (based on AAS)¹ DAYPART 6:00am to 8:00pm, Monday through Friday Station Average Active Sessions Session Starts Average Time Spent Listening Katz Digital Audio 462,406 202,482,750 0.66 1 iheartmedia 2 339,915 163,112,093 0.60 2 Prisa Radio 87,721 35,068,309 0.71 3 Slacker, Inc. 62,627 38,512,869 0.47 4 Cumulus Streaming Network 56,534 19,985,017 0.81 5 CBS Radio Inc. 54,786 28,441,268 0.56 6 NPR Member Stations 52,559 16,817,000 0.87 7 Karnaval.com 29,603 11,322,755 0.69 8 EMF Corporate 29,333 6,038,186 1.39 9 ESPN Radio Corporate 25,772 12,162,726 0.62 10 Cox Radio Inc. 24,599 8,012,482 0.88 11 idobi Radio 21,939 3,089,252 1.87 12 Univision 18,973 9,837,019 0.56 13 Greater Media Corporate 14,265 4,026,702 1.02 14 Sky Radio B.V. 13,792 1,960,842 1.62 15 AccuRadio 13,309 1,979,262 1.87 16 Townsquare Media 12,895 2,627,442 1.41 17 Salem Communications 10,702 3,454,621 0.88 18 977Music.com Corporate 10,437 3,701,305 0.79 19 Hubbard Broadcasting 9,286 2,433,041 1.10 20 New York Public Radio 8,704 2,751,505 0.89 Average Active Sessions (AAS): Total Listening Hours (TLH) divided by hours in the reported time period. TLH is defined as the total number of hours that the station/publisher has streamed during sessions with a duration of at least one minute in total within the reported time period. Session Starts (SS): The number of different requests for streams (i.e., stream requests) with a duration of at least one minute in total within the reported time period. Average Time Spent Listening (ATSL): The average number of hours for each session with a duration of at least one minute in total within the reported time period. Calculated as total time spent listening divided by active sessions. Note: Ranker data only includes clients that participate for the full month for which the ranker is being released 1 August All Streams Ranker does not include Pandora Corporate These groups are part of Katz Digital Audio 2 iheartmedia includes TheBlaze Radio Network

AUGUST DOMESTIC RANKER (based on AAS) DAYPART 6:00am to 12:00am, Monday through Sunday Station Average Active Sessions Session Starts Average Time Spent Listening Katz Digital Audio 301,186 274,471,942 0.60 1 Pandora Corporate 1,855,115 1,741,668,823 0.59 2 iheartmedia 1 235,028 230,677,342 0.56 3 Slacker, Inc. 48,954 62,364,470 0.43 4 NPR Member Stations 36,980 22,222,746 0.89 5 CBS Radio Inc. 35,391 34,430,931 0.57 6 Cumulus Streaming Network 35,388 24,741,535 0.78 7 idobi Radio 17,499 4,539,630 1.98 8 Cox Radio Inc. 15,922 10,555,381 0.83 9 ESPN Radio Corporate 15,882 14,834,819 0.59 10 EMF Corporate 14,488 6,669,572 1.19 11 Univision 12,190 12,885,849 0.52 12 Greater Media Corporate 8,516 4,750,011 0.99 13 Townsquare Media 7,561 3,043,196 1.36 14 Salem Communications 6,825 4,265,618 0.87 15 New York Public Radio 6,046 3,328,503 0.98 16 Hubbard Broadcasting 5,145 2,510,716 1.12 17 AccuRadio 4,486 1,236,577 1.99 18 Beasley Broadcasting Corporate 3,698 2,675,008 0.76 19 Prisa Radio 3,237 3,597,694 0.49 20 Summit Media, LLC 2,638 1,608,223 0.90 Average Active Sessions (AAS): Total Listening Hours (TLH) divided by hours in the reported time period. TLH is defined as the total number of hours that the station/publisher has streamed during sessions with a duration of at least one minute in total within the reported time period. Session Starts (SS): The number of different requests for streams (i.e., stream requests) with a duration of at least one minute in total within the reported time period. Average Time Spent Listening (ATSL): The average number of hours for each session with a duration of at least one minute in total within the reported time period. Calculated as total time spent listening divided by active sessions. Note: Ranker data only includes clients that participate for the full month for which the ranker is being released These groups are part of Katz Digital Audio 1 iheartmedia includes TheBlaze Radio Network

AUGUST ALL STREAMS RANKER (based on AAS)¹ DAYPART 6:00am to 12:00am, Monday through Sunday Station Average Active Sessions Session Starts Average Time Spent Listening Katz Digital Audio 323,040 287,866,879 0.62 1 iheartmedia 2 240,622 234,878,215 0.56 2 Prisa Radio 60,120 47,281,655 0.69 3 Slacker, Inc. 53,660 66,581,887 0.45 4 NPR Member Stations 40,897 25,079,769 0.88 5 Cumulus Streaming Network 36,718 25,440,812 0.79 6 CBS Radio Inc. 35,721 34,789,350 0.56 7 Karnaval.com 22,049 17,333,563 0.65 8 idobi Radio 21,951 5,822,864 1.94 9 EMF Corporate 19,597 8,341,657 1.28 10 ESPN Radio Corporate 16,574 15,488,917 0.59 11 Cox Radio Inc. 15,996 10,607,953 0.83 12 Univision 12,918 13,283,457 0.54 13 Sky Radio B.V. 10,349 2,935,099 1.61 14 AccuRadio 9,787 2,933,867 1.78 15 Greater Media Corporate 8,999 5,026,183 0.98 16 977Music.com Corporate 8,815 6,264,801 0.76 17 Townsquare Media 8,076 3,305,404 1.34 18 Salem Communications 7,023 4,378,195 0.87 19 New York Public Radio 6,641 3,994,359 0.89 20 Hubbard Broadcasting 5,771 3,033,712 1.04 Average Active Sessions (AAS): Total Listening Hours (TLH) divided by hours in the reported time period. TLH is defined as the total number of hours that the station/publisher has streamed during sessions with a duration of at least one minute in total within the reported time period. Session Starts (SS): The number of different requests for streams (i.e., stream requests) with a duration of at least one minute in total within the reported time period. Average Time Spent Listening (ATSL): The average number of hours for each session with a duration of at least one minute in total within the reported time period. Calculated as total time spent listening divided by active sessions. Note: Ranker data only includes clients that participate for the full month for which the ranker is being released 1 August All Streams Ranker does not include Pandora Corporate These groups are part of Katz Digital Audio 2 iheartmedia includes TheBlaze Radio Network