Classical Music Label Naxos Signs Revenue-Sharing Deal With Clear Channel
October 29, 2012

Clear Channel Media and Entertainment and leading Classical Music label Naxos announce they have entered into a revenue-sharing agreement, similar to CCM+E's recent deals with Big Machine and Glassnote. Clear Channel says the agreement "aligns their business interests, focusing on accelerating the growth of digital radio and benefiting classical music fans across America."

As part of the new agreement, Naxos will bring their genre expertise to programming "Classica," the digital classical station on iHeartRadio.

Naxos of America is the largest digital distributor of independent Classical music. It supplies a catalog of over 30,000 albums from hundreds of classical labels, including 6,500 titles on its own labels, to digital download stores and mobile outlets worldwide.

"As Naxos celebrates its 25th anniversary, I can think of no better way to inaugurate the next 25 years than a partnership with Clear Channel that helps align the business interests of artists, labels, and broadcasters, while benefiting music fans across America," said Jim Selby, CEO of Naxos of America. "Naxos has long been a leader in the digital music space and we have found a perfect partner in Clear Channel that will help to grow digital radio as well as enable artists to reach a new generation of classical music lovers."

"We are enormously impressed with Naxos’s digital distribution, which makes them an ideal partner for Clear Channel as we continue to change the industry in bold and innovative ways," said Clear Channel CEO Bob Pittman. "Mozart, Brahms, Beethoven, Bach, Chopin, Haydn—these composers wrote the original power chords, and their work is as vital today as when it was first written. Our agreement with Naxos further demonstrates that the market-based business model we unveiled this past summer makes sense for labels, artists, broadcasters, and fans."




 
Breaking News
KSSX/San Diego Flips to Rhythmic CHR as JAM’N 95.7
On-Air Moves at Entercom-San Francisco
Universal Music Group Acquires Digital Agency Fame House
Cherrytree Records Partners With ADA
In Brief - May 27, 2016
May 26, 2016
Cumulus Media Appoints John Dimick as VP/Programming Operations
Universal Music Group Appoints Gautam Srivastava to EVP, Human Resources
Intergr8 Research: Which Hits Shazam Can Help You Spot Early
Beasley Broadcast Group Declares Quarterly Cash Dividend
In Brief - May 26, 2016
May 25, 2016
Nielsen Insights: Their Generation
NAB Statement on Court Ruling on Media Ownership Rules
Republic Records Celebrate DNCE Going Double Platinum
May 24, 2016
iHeartMedia Wins Legal Battle
Spotify's Losses Increase As Revenues Grow Faster
Pierre Bouvard: The TV Upfront: History, 2016 issues, and What It Means For Radio
United Stations Adds Sammy Hagar's Radio Show
May 23, 2016
Columbia Records Announces Jennifer Frommer As Head of Its Creative Agency
iHeartRadio Summer Pool Party Heats Up Miami
National Radio Hall of Fame Announces 2016 Nominees
Shelley Wade Named Afternoon Host at KMYI (Star 94.1)/San Diego
Spotify's Family Plan Gets An Upgrade
May 20, 2016
eQB NOW
May 19, 2016
Republic Records Promotes David "Davey Dee" Ingenloff to SVP/Rhythm Crossover Promotion
Music News
Drake's Views Spends a Fourth Week at #1
FMQB Retro-Active: Ken Sharp Enthuses On The Who's Still-Thriving Music Career, As Well As Their Charitable Efforts
The Weeknd Tops Billboard Music Award Winners
Quick Hits: Leona Lewis, The Strokes, Cold War Kids
Quick Hits: Teen Choice Awards, Bon Jovi, The Killers
Quick Hits: Eminem, Mariah Carey, Red Nose Day TV Special, My Morning Jacket, The Tragically Hip
Drake Stays at #1, Meghan Trainor Debuts at #3 on Billboard 200
Quick Hits: Red Hot Chili Peppers, Megadeth, Ramones
Drake Leads Nominees For 2016 BET Awards
Quick Hits: Adele, Fifth Harmony, Life is Beautiful festival, Beastie Boys
Quick Hits: Chevelle, Rage Against The Machine / Prophets of Rage, 3 Doors Down, Make America Rock Again tour
Ariana Grande, Calvin Harris & More Headlining Billboard Hot 100 Festival
Quick Hits: MuchMusic Awards, Guns N' Roses / Lenny Kravitz / Alice in Chains, Rage Against The Machine, Riot Fest
Puff Daddy Takes Bad Boy Reunion on the Road
Quick Hits: Justin Timberlake, Houston Open Air, The Temper Trap, High Elevation Rock Festival, Pilgrimage Music & Cultural Festival, Lou Reed
FMQB NOW

John Mayer
PD, WFLZ/Tampa

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!