DTS is a public company so investors and analysts were given more detail on the iBiquity purchase. They were told iBiquity was generating $40 to $50 Million in revenue per year with 30-36% operating margins. The presentation to investors, which you can see HERE, states that 2,300 radio stations provide content in HD, there is 35% market penetration and 72% of consumers want HD Radio receivers in their next car.
