Clear Channel, BBR Music Group Reach Revenue-Sharing Deal

BBR Music Group and Clear Channel Media and Entertainment have reached an agreement that will allow BBR Music Group 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.

“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.”

Clear Channel’s partnership with Broken Bow Records follows similar revenue-sharing agreements with Warner Music Group, Big Machine Label Group, Glassnote Entertainment Group, eOne, Dualtone, DashGo, Black River Entertainment, rpm Entertainment, Robbins Entertainment, Naxos, Wind-up Records, Fearless Records, Zojak World Wide and Suburban Noize Records, as well as recording artist Fleetwood Mac.

Clear Channel Media and Entertainment serves 150 markets through 840 owned radio stations, and the company’s radio stations and content can be heard on AM/FM, HD digital radio, satellite radio, iHeartRadio.com, the company’s radio station websites, iHeartRadio mobile app, in enhanced auto dashes, on iPads and smartphones, and used via navigation systems.