Another Label Deal for Clear Channel
Clear Channel's Tom Poleman said more deals with record labels were coming soon. He's true to his word. Clear Channel is teaming up with Glassnote in a partnership similar to the one the company is in with Scott Borchetta's Big Machine Label. Glassnote is not a major label, and you may not recognize many of the artists, however it's another step toward paying artists for radio airplay. Details are always left out of the press releases but it's assumed these deals include a beneficial arrangement for Clear Channel when music is played online.
The joint press release says, "Glassnote will directly participate in both Clear Channel’s terrestrial broadcast radio and digital revenues to the benefit of its artists." Artists on Glassnote who will benefit from this agreement include Mumford & Sons, Phoenix, Two Door Cinema Club, GIVERS, Childish Gambino, Oberhofer, The Temper Trap, Daughter, Robert DeLong, Little Green Cars, and Flight Facilities. Clear Channel announced its first such agreement, with Big Machine Label Group, in June 2012.
(11/21/2012 9:29:11 AM) |
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