Clear Channel has struck a content deal with Big Machine Label Group, and Entercom followed suit. Clear Channel later struck a similar deal with Glassnote Entertainment Group, and Entercom is following suit again.
The outline of the deal is the same as the others – Glassnote and its artists will get a share of Entercom over-air revenue generated by the use of their music; meanwhile, Entercom will get favorable access to the label’s music for streaming purposes.
Core Glassnote artists include Phoenix, The Temper Trap, Two Door Cinema Club, Mumford & Sons, GIVERS, Childish Gambino, Oberhofer, Daughter, Robert DeLong, Little Green Cars and Flight Facilities.
“This agreement between Glassnote and Entercom represents another important step forward to establishing a new business model that aligns the interests of artists, labels, radio and listeners. We look forward to working closely with Daniel Glass and his team and their artists, including Grammy nominees Mumford & Sons in the years to come,” said Entercom President and CEO David Field.
“David Field and his programming team lead by Pat Paxton, share our vision and philosophy that Radio and Music should naturally complement each other and work hand and hand,” said Glassnote Entertainment Group’s founder and CEO Daniel Glass. “We both have ambitious plans for the growth of our companies and great respect for Artists and their Music. We are excited to be working towards the same goals in our future endeavors. We respect the level of programming and taste of the Entercom Communications and look forward to a great future together.”
RBR-TVBR observation: The more of these deals we see, the less likely it will be that Congress intervenes in the radio performance royalty dispute. Many members of Congress would much rather let business interests work things out on their own – so the more evidence there is that the practice is becoming standard operating procedure, the less likely legislators will be to go to the trouble of getting mixed up in the issue.