Clear Channel & Stardome Media Group Announce Revenue Sharing Deal
March 31, 2014

Clear Channel Media and Entertainment and Stardome Artist Development Group, (a division of Stardome Media Group) a major media and entertainment company focusing on the U.S. Hispanic and Latin American marketplaces, have announced a revenue-sharing agreement that will allow artists represented by Stardome to share in revenues from Clear Channel’s broadcast radio stations and digital streams.

Stardome is the U.S. home to popular artists such as teenage rock/pop band Synderes and Latin Grammy Award-nominated Spanish-Mexican singer/songwriter Belinda, a global star whose albums have sold more than 12 million copies worldwide. And with more than two million albums sold in the U.S., Belinda is one of the best-selling female Mexican artists in this country. 

In addition to representing high-profile talent, Stardome Media Group is the leading U.S. provider of Spanish language radio network programming, syndication, and network ad sales representation. Operating one of the largest syndication platforms in the world, Stardome provides coverage to approximately 95 percent of the U.S. Hispanic market through broadcast and digital radio.

"Radio is the core of Stardome’s business, and provides a way for us to connect millions of Hispanic listeners with great artists, popular music, and compelling content," said Anthony Michael Hernandez, Managing Director/CEO, Stardome Media Group. "We are glad to partner with Clear Channel, and to take steps toward ensuring that our artists and their music will continue to be easily available to listeners wherever they are in the new digital radio marketplace.”   Hernandez added, “As a media company focused on the growing ethnic market segment in America, Stardome is also aiming its efforts to the 2nd and 3rd generation Latinos, that are English dominant." 

"Stardome has enjoyed remarkable success in the radio space, engaging Spanish-language listeners, artists, and advertisers across the U.S. and the world," said Bob Pittman, Chairman/CEO of Clear Channel. "Like us, they recognize that the industry is changing, especially as digital capabilities evolve. We are excited to partner with Stardome and work together to create a sustainable, long-lasting digital radio industry."




 
Breaking News
Pat Cerullo Named PD of KTFM & JACK-FM/San Antonio
Nielsen Report: Country Music’s Cross-Over Popularity
Triton Digital Announces Compliance With IAB Specification For Digital Audio Ads
In Brief - October 31, 2014
October 30, 2014
Journal Communications Reports Third Quarter 2014 Results
Irving Azoff Leading New Music Rights Venture
Crush Music Announces Two New Hires
In Brief - October 30, 2014
October 29, 2014
Def Jam Recordings Promotes Scott Maness To VP/Rhythm Crossover Promotion
Melissa Etheridge, Ingrid Michaelson To Perform At National Radio Hall of Fame Induction Ceremony
In Brief - October 29, 2014
October 28, 2014
iHeartMedia, Inc. Reports Results For 2014 Third Quarter
SiriusXM Reports Third Quarter 2014 Results
Talus Knight Named PD/Afternoon Host At KKND
iHeartMedia San Francisco Names John Leathers Vice President Of Sales
Radio Advertising Bureau Board of Directors Elects New Officers & Directors
Pandora Hires Chris Phillips As Chief Product Officer
CBS Radio's We Can Survive Achieves High Marks On Social Media
iHeartRadio Survey: Listeners Predict We’ll See A Lot Of Lady Gaga Impersonators
In Brief - October 28, 2014
October 27, 2014
Lulu & Lala Spice Up Afternoons On WFLC-FM
Universal Music Group Names Michael Frey, President, Supply Chain & Media Services
Benztown Releases First-Ever Benztown 50 Voice Power Index
Noise Fusion Unleashes Next Generation Sounds Online
In Brief - October 27, 2014
October 25, 2014
Music News
Pitbull & Enrique Iglesias Continue The Party
Quick Hits: Iggy Azalea, Foo Fighters, Robin Thicke, Metallica, Public Enemy
Quick Hits: K. Michelle, Billboard Touring Awards, George Ezra, Phish
Slipknot Land Second #1 Album With .5: The Gray Chapter
Quick Hits: Metallica, Coldplay, Pitbull, Nile Rodgers
Taylor Swift Sings From The Rooftops
Quick Hits: Nicki Minaj, David Guetta, Calvin Harris, Soundgarden, R.E.M., The Who's Teenage Cancer Trust
Fergie, Lorde Join AMA Performers
Eric Clapton Offers Tribute to Jack Bruce
New Imagine Dragons Song Featured In Sprite LeBron James Commercial
Quick Hits: Imagine Dragons, Taylor Swift, Rock In Rio USA, Band of Merrymakers, Prince, Beady Eye
Taylor Swift Talks Pop Genre, 1989 & More
The Week In Review: 10/20-10/24
Quick Hits: The Grammys, Sam Smith, Foo Fighters, The Grateful Dead
Taylor Swift Reveals Songs of 1989
FMQB NOW

Christopher K
APD/MD, KDND & KUDL
Sacramento

Advertisement:
Search FMQB.com
Advertisements:
FMQB Member Login
Email:
Pass:

Save
Not a member yet?
Sign up Now!
Sign Up for Breaking News!
Enter FMQB E-Tracking!