EOne Enters Clear Channel Agreement for Artist Payouts
Entertainment One (eOne), the largest independent music distributor in North America, recently announced an agreement with Clear Channel to share revenue from digital and broadcast radio.
“Innovative partnerships like this support a robust and sustainable model for our industry, where artists, fans, labels, distributors, radio and fans all prosper,” said Bob Pittman, CEO of Clear Channel. “In eOne, we have found a partner with an extraordinary range of successful music who understands this and the immense value terrestrial and digital radio provide to artists, labels, and the industry at large.”
eOne Music produces, distributes, licenses and promotes more than 45,000 tracks across a range of genres including rock, rap, classical and country. Nashville artists include Bucky Covington and Shooter Jennings, among others. Since its inception, eOne Music has charted more than 100 albums, more than any other American independent label.
The agreement follows several recent, similar arrangements from Clear Channel with Big Machine Label Group, Glassnote Entertainment Group, DashGo, rpm Entertainment, Robbins Entertainment and Naxos.
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