Clear Channel will share digital and terrestrial radio revenue with...
Clear Channel will share digital and terrestrial radio revenue with Entertainment One (eOne), a U.S. indie music company, they said Wednesday. EOne Music’s artist library includes DJ Drama, Faith Evans, Black Label Society and others, and the company said it…
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has charted more than 100 albums on Billboard’s Independent Chart, the most of any U.S. indie label. EOne and Clear Channel believe partnerships like this demonstrate “the willingness to knock down barriers” in the industry, eOne CEO Michael Koch said. It’s Clear Channel’s seventh revenue-sharing agreement with a record label, it said. Terms weren’t disclosed.