Four transmitters, one road, one antenna. The receiver gets a single stream of numbers and has to find the music in it. Every sound you hear is demodulated from those samples, live.
Measured by correlating the speaker output with each transmitter's program. A check on the result; the receiver never sees these.
(1 + 0.85·m)·cos φ. FM: phase advances by 2π(fc + 7 kHz·m)/fs every sample.z/|z|; the discriminator is −Re(z[n]·z*[n−1]).