Clear Channel Media has announced its latest direct licensing deal, this time with Dualtone Music Group, an independent rock label based in Nashville, Tenn. The agreement allows Dualtone artists to share revenue from Clear Channel’s broadcast and digital radio.
Dulatone specializes in roots and indie rock and includes such artist as the Grammy-nominated Lumineers, Guy Clark, Shovels & Rope, Ivan & Alysoha, and Little Comets. Additionally, the label’s catalog includes titles by Brett Dennen, Mark Olson, Daniel Johnston, Townes Van Zandt and June Carter Cash.
"Dualtone is dedicated to the long-term career development of each artist on our roster, and radio plays an essential role in their success," said Scott Robinson, CEO of Dualtone in a statement. "We will do whatever we can to help ensure a vibrant future for Internet radio as well as recognizing the continuing importance of broadcast radio. This is how our artists can reach as many of their fans as possible - wherever they are, on whatever device they're using - and is an invaluable factor in their success."
Over the course of the last year, Clear Channel has systemically signed similar deals with several independent record labels, including Big Machine Records, Fearless Records, Glass Note Entertainment Group, DashGo, rpm Entertainment, Robbins Entertainment, Naxos, eOne and Wind-up.
According to Clear Channel Media and Entertainment, they currently serve 150 cities through 850 owned radio stations in the U.S. with an average of 243 million monthly listeners.
“Dualtone has achieved enormous success over the past few years, in large part due to their nurturing approach to emerging artists,” said Bob Pittman, CEO of Clear Channel, in a statement. “Their business philosophy is similarly focused on the long term, so they understand that Clear Channel is trying to move the digital radio industry towards a more sustainable model for the future and ensure fans get the music they want when and where they want it. We’re excited to partner with Dualtone.”
Surely, this deal will not be the last between Clear Channel and independent record labels.