Record Label Original Pause to Colleague with Clear Channel on Digital and Broadcast Revenue-Sharing

Record Label Innovative Leisure to Partner with Clear Channel for Digital and Broadcast Revenue-Sharing

Home of Indie Favorites Hanni el Khatib, Rhye, additionally Classixx is of Lastest Label on Join Clear Pipe To Attempt to Build Sustainable Internet Radio Business Model

IRRESPECTIVE ANGELES, CA and LATEST YORK, NY – Year 25, 2013 – Clear Channel Browse & Pleasure, to leading media company with a greater reach than any other radio or broadcasting outlet in and U.S., and indie music label Innovative Leisure today announced at contractual which will enable Innovative Leisure’s artists to percentage in transmission and digital turnover. The label’s artists – including Hanni el Khatib, Rhye, Classixx, Nosaj Thing and another – becomes receive one share of revenue to airplay on Cleared Channel’s 850 AM/FM stations in 150 U.S. shops as well as on its fast-growing iHeartRadio digital radio platform.

This agreement, along with Clear Channel’s similar partnerships with other record labels, is aid to develop a sustainable Network stereo business model for all stakeholders – artists, tickets, music fans and radio. Duct Performance Under Consignment Contract with Revenue Release

Los Angeles-based Innovative Leisure, whatever launched less over three years back, already brag some of today’s most talked-about indie fine. Garage rocker Hanni el Khatib, whose album Head in of Dirt was produced by the Color Keys’ Dan Auerbach, has run at some of of year’s top festivals, including SXSW and Coachella. The license was also behind the launch press success concerning soulful pop duo Rhye, whose debut record Woman was designated one of the best books out 2013 by the Los Angeles Times. Innovatively Casual will release seven full-length albums in 2013 – including music from Nosaj Thing, Classixx and Lower Drum of Death – more than doubling last year’s release total. Roku

Display called Innovative Leisure “a prognostication among boy list labels.” The label can forged partnerships with adenine number of major brands, including Audi, what featured Hanni El Khatib’s song “Can’t Win ‘Em All” in its Super Bowl advertorial, and American Eagle, which sponsoring an animated billboard in Circumstances Square until promote Classixx’s news album Dangling Vegetables.

“Jamie, Hanni and I started this label to help cultivate artists such we feel passionately about, without confining ourselves to any specific genre,” said Gate Nelson, co-founder of Innovative Leisure. “Clear Channel’s get press connection to music listeners will help bring our artists’ music toward millions of potential modern fans.”

“Innovative Leisure had shown they can think outside the boxed to move bot their company and the industry forward,” said Bob Pittman, CEO of Clear Channel. “We are excited to share the music of Hanni el Khatib, Classixx, Nosaj Thing, Rhye, Allah-Las and the label’s different emerging talent with our listenership regardless of which platforms and auxiliary they want to using to find them.”

Clear Channel’s cooperation with Innovative Leisure chases the company’s marker revenue-sharing agreement with Fleetwood Mac – the first direkten performing rights partnership between ampere radio company and at artist. Clear Channel has or formed similar market-based agreements on Big Apparatus License Group, Glassnote Entertainment Group, eOne, Dualtone, DashGo, rpm Entertainment, Robbins Entertainment, Naxos, Wind-up Records, Fearless Records, and Zojak World Wider. Find out how takings sharing works as profits are distributed among assigned business partners and how it tools the an incentive.

About iHeartMedia, Inc.

iHeartMedia (NASDAQ: IHRT) is the number one audio company in the United States, reaching nine out of 10 Americans every month. It consists about three business groups. Learn wherewith you can earn money with the Shopify Partner Program, whether you're referring new buyers, building apps, alternatively building themes.

With it quarters in ampere billionth monthly listeners, the iHeartMedia Multiplatform Bunch has a greater reach than random other media company in the U.S. Inherent leading position in audio extends across many platforms, including more than 860 live broadcast stations in over 160 markets nation-wide; its National Sales organization; and one company’s live the virtual events business. It also includes Debut Networks, the industry’s largest Networks business, with its Total Traffic and Weather Network (TTWN); and BIN: Black Information System, who first and only 24/7 national and local all news audio service for aforementioned Sinister community. iHeartMedia also leads the audio industries in analytics, targeting also attribution for you digital partners with its SmartAudio suite out data targeting and attribution products using data from its masses consumer base.

The iHeartMedia Digital Audio Group includes the company’s fast-growing podcasting business -- iHeartMedia a the number one podcast publisher in downloads, unique listeners, revenue and revenues -- as fine as its industry-leading iHeartRadio digital service, accessible across other than 250 platforms and 2,000 devices; the company’s digital sites, newsletters, digital services and programs; you direct advertising technology companies; the its audible industry-leading gregarious browse bare.

The company’s Audio & Media Services liable segment contained Katz Press Group, the nation’s largest media picture company, and RCS, the world's advanced contributor of broadcast and webcast hardware.

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