Clear Channel & BBR Music Group Imprints Announce Revenue Sharing Deal
March 26, 2014
Clear Channel Media and Entertainment and BBR Music Group, an independent Country music label, have announced an agreement that will enable its imprints Broken Bow Records and Stoney Creek Records and its artists to share in revenue across Clear Channel’s broadcast radio and iHeartRadio streaming stations.
Broken Bow Records’ roster of artists includes ACM nominee and reigning Male Vocalist of the Year Jason Aldean. The BBR Music Group is also home to promising young Country artists, including Randy Houser, Dustin Lynch, Parmalee and Thompson Square.
"Radio plays a powerful – and unique – role in breaking country artists. Clear Channel's commitment to being a leader in exposing fans to the best new music is undeniable. They have taken a very proactive role in growing the format, while strengthening the health of both the Radio and Records industries," said BBR Music Group EVP Jon Loba. "Forming closer ties with a partner who wants to 'grow the pie' for all parties involved, while ensuring that country fans can access our music on multiple platforms was a logical move for us."
"Broken Bow Records deserves its reputation for discovering, cultivating and marketing some of the most exciting new artists in country music," said Clear Channel CEO Bob Pittman. "Clear Channel is delighted to have the BBR Music Group and its artists as partners as we continue to build a sustainable digital music industry that benefits everyone involved – artists, fans, record labels, and broadcasters."