rpme Labels and Artists to Participate in Clear Channel's Broadcast Revenues
Agreement Will Align Companies' Business Interests and Spark Additional Growth for Internet Radio
NASHVILLE, Tenn. & NEW YORK--(BUSINESS WIRE)-- rpm entertainment - a new country music label, management, and publishing company - and Clear Channel Media and Entertainment, which has the largest reach of any radio or television outlet in America, today announced an agreement that will help drive growth and innovation in Internet radio. Under the agreement, rpm entertainment will share in Clear Channel's broadcast revenues, aligning the business interests of both companies and helping to build a sustainable market in Internet radio.
rpm entertainment, which includes rpme records, rpme music group and rpme management, was launched in May 2012 by Scott Siman, a leading country music entertainment executive based in Nashville, TN. rpme music group owns the rights to such hit songs as "It's Five O'Clock Somewhere" (Alan Jackson), "I'm Movin' On" (Rascal Flatts) and "Leave the Pieces" (The Wreckers), among others. rpme management currently represents Maggie Rose, Yarn, Humming House, Carolina Story and a rising country group, The Command Sisters.
Siman previously served as senior vice president of Sony Music-Nashville, where he signed the Dixie Chicks to their initial deal. Prior to Sony, Siman was an entertainment attorney whose clients included Alan Jackson, Brooks & Dunn, and Charlie Daniels.
This market-based partnership follows similar agreements between Clear Channel and Big Machine Label Group, Glassnote Entertainment Group, Naxos and DashGo. By paving the way for the development of a vibrant digital music industry, these agreements benefit all constituencies - artists, music labels, radio, and American consumers who love music.
"Country music has always been a part of my life - it runs in my veins," said Siman. "While I am immensely proud of my accomplishments so far, the future is what motivates me. This agreement represents where music is going, and I'm excited that rpm entertainment will be pioneering with Clear Channel."
"Scott Siman knows country music inside and out," said Bob Pittman, Chief Executive Officer of Clear Channel. "His years of experience and his reputation in the industry make him and his company an ideal choice for this partnership. His focus on emerging country artists makes this business model, which allows new acts to reach bigger, more diverse audiences, even more relevant."
rpmentertainment is comprised of rpme records, rpme publishing and rpme management.
Maggie Rose is rpme's debut artist signed to both the label, management and publishing rosters. In addition to Rose, management clients include Americana bands Yarn, Humming House and Carolina Story, as well as Canadian duo The Command Sisters. Current writers include Matt Ramsey in association with Sonic Ark and Maggie Rose. rpme publishing is home to the current Chris Cagle single "Let There Be Cowgirls" and Rose's "I Ain't Your Mama" as well as such catalog hits as "What Kinda Gone," (Chris Cagle) "One in Every Crowd," (Montgomery Gentry) and "The Power" (Amy Grant/Cher). rpme publishing also has current activity with Jason Aldean, Big & Rich, the Band Perry, Luke Bryan, and Darius Rucker.
About Clear Channel Media and Entertainment
With 239 million monthly listeners in the U.S., Clear Channel Media and Entertainment has the largest reach of any radio or television outlet in America. Clear Channel Media and Entertainment serves 150 cities through 850 owned radio stations. The company's radio stations and content can be heard on AM/FM stations, HD digital radio channels, Sirius/XM satellite, on the Internet at iHeartRadio.com and on the company's radio station websites, on the iHeartRadio mobile application on iPads and smartphones, and used via navigation systems from TomTom, Garmin and others.
The company's operations include radio broadcasting, online and mobile services and products, live concerts and events, syndication, music research services and independent media representation. Clear Channel Media and Entertainment is a division of CC Media Holdings, Inc. (OTCBB: CCMO), a leading global media and entertainment company. More information on the company can be found at clearchannel.com, clearchanneloutdoor.com and ccmediaholdings.com.
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