Arbitron, Nielsen Formalize Apollo Joint Venture

  • February 2, 2007
Erstwhile partners Arbitron and The Nielsen Co. Thursday said they have signed an agreement to form a joint venture for the development and testing of Project Apollo, a single source research system that will measure media exposure and product purchases from a single sample of consumers. It was unclear from the statement how the partnership would impact long-term plans for Apollo, which has already conducted a field trial that is yielding data, though some observers question the long-term viability of the service due to its relatively high costs. Seven big marketers representing more than $6.8 billion in ad spending are members of the Project Apollo steering committee.
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