Wednesday, December 07, 2016
 
 
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Warner Music, Clear Channel Cut Comprehensive Royalty Deal

By DMO Affiliate
Radio station giant Clear Channel has signed a deal with Warner Music Group that will for the first time give a major recording company and its artists a cut of revenue generated from traditional radio station airplay. It has long been assumed performers benefit from the radio exposure in the form of sales. But CD sales have been declining, making radio royalties more important.
Warner Music, Clear Channel Cut Comprehensive Royalty Deal




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