Clear Channel Announces Revenue Deal With Fleetwood Mac
June 12, 2013


Fleetwood Mac
Clear Channel Media & Entertainment and Fleetwood Mac have announced a landmark agreement – the first direct performing rights partnership between a radio company and an artist – that will enable the group to receive revenue from airplay on Clear Channel’s digital and broadcast radio platforms.

"Fleetwood Mac has consistently pushed the envelope – creating new sounds, making music that seems designed for radio and looking at the industry in new ways," said Irving Azoff of Azoff Music Management. "It’s fitting that a group that’s played such an integral role in radio and music history would be the first band to take such a major step -- helping the music industry create a sustainable digital marketplace so it can thrive for decades to come. We’re delighted to join Clear Channel in creating a new model for the music industry, one that will be good for performing artists, good for music fans, and good for the people who have invested their talent, time and money."

"Fleetwood Mac has blown me away from the first time I heard them – they are the perfect group for radio," said Bob Pittman, CEO of Clear Channel. "Reaching an agreement with them is the clearest sign yet that this kind of revenue-sharing model represents the industry’s future – it is a win-win-win, for artists, fans and the music business. We look forward to helping Fleetwood Mac get their hit songs to their fans on whatever platform or device they want to find them."

One of the most popular bands in history and a member of the Rock and Roll Hall of Fame, the legendary Fleetwood Mac has sold over 100 million albums worldwide, including Rumours, one of the best-selling albums of all time, which spawned four top-ten singles, won the Grammy for Album of the Year in 1977 and remained No. 1 on the Billboard charts for 31 weeks. The band, which formed in London in 1967, has produced 17 studio albums over its long career. The group’s new EP, Extended Play, features the first recording of new Fleetwood Mac music since the release of Say You Will over a decade ago.

Today's agreement follows similar agreements with a number of independent recording labels but it is the first to be negotiated directly with an artist or group. The independent labels who have similar agreements with Clear Channel include Big Machine Label Group, Glassnote Entertainment Group, eOne, DashGo, Robbins Entertainment, Naxos, rpm Entertainment, Wind-up Records, Fearless Records, Zojak Records and Dualtone Records.




 
Breaking News
In Brief - October 17, 2014
The Week In Review: 10/13-10/17
October 16, 2014
Michael Jordan Named PD At WAMZ
Dan Chertoff Named VP, A&R, RCA Records
Greater Media Chairman, CEO Peter Smyth Named Among The 2014 Giants of Broadcasting
Joe Cuello Joins TuneCore As Chief Creative Officer
Clip Interactive Reports Milestones In Revenue, MAUs, Engagement For Radio Station Partners
iHeartMedia Wins Gold Award At Healthcare Marketing IMPACT Awards
In Brief - October 16, 2014
October 15, 2014
Gayle Troberman Named iHeartMedia EVP And Chief Marketing Officer
John Geary Appointed Market President For iHeartMedia Sacramento
Sun & Fun Media Partners With Premiere Networks For Ad Sales
TuneCore Pays Artists $32.7 Million In Q3 2014 for Music Distribution, Expands Music Publishing Catalog
In Brief - October 15, 2014
October 14, 2014
Warner Music Group Broadens Senior Management Team
Tribune Media Announces $400 Million Stock Repurchase Program
New Generation Radio Partners With Colbert Media Group
In Brief - October 14, 2014
October 13, 2014
Steve Davis Named VP/Programming, CBS Radio Washington, D.C.
Capitol Music Group Names Ambrosia Healy SVP/Head Of Media Strategy & Relations
Alpha Media To Purchase Buckley Broadcasting of California, LLC, Buckley Communications, Inc. Radio Stations
Alicia Keys Added To CBS Radio's "We Can Survive" Lineup
In Brief - October 13, 2014
October 10, 2014
eQB NOW
The Week In Review: 10/6-10/10
Music News
One Direction Reveal Four Tracklist
The Week In Review: 10/13-10/17
Quick Hits: Iggy Azalea, U2, Snoop Dogg / Pharrell, iHeartRadio Fiesta Latina
Pitbull Goes Global In November
Quick Hits: Sam Smith, MTV EMAs, Songwriters Hall of Fame, The Pixies, Fall Out Boy, Bonnaroo
Jason Aldean, Hozier Top Album Sales Chart
Quick Hits: Foo Fighters, Prince, Ariana Grande
Taylor Swift Taps Into the '80s For "Out Of The Woods"
Quick Hits: One Direction, Christina Aguilera / The Voice, Jack White, Kelly Clarkson, T.I., Wilco
Iggy Azalea Leads 2014 AMA Nominees
Quick Hits: Foo Fighters, Soul Train Awards, Iggy Azalea, Noel Gallagher's High Flying Birds, Alicia Keys & David Byrne, Forbes Under 30 Music Festival
THE WHO HITS 50! Tour Set For North America 2015
The Week In Review: 10/6-10/10
FMQB Retro-Active: Ken Sharp Revisits the Magic of The Turles With Singer Howard Kaylan
Quick Hits: Katy Perry, Taylor Swift, Foster The People, Counting Crows, Ben Harper & The Innocent Criminals
FMQB NOW

Chris P, PD
KRQQ & KMIY/Tucson

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!