From the Wires
DashGo, An Innovative Leader in Digital Music Distribution, and Clear Channel Announce Agreement to Accelerate Growth in Digital Radio
Dec. 5, 2012 09:19 AM
Clear Channel Media and Entertainment, which has the largest reach of
any radio or television outlet in America, and DashGo, Inc. a digital
content distribution and marketing engine for labels, podcasters and
Artists, today announced an agreement that will help drive growth and
innovation in Internet radio. As part of this new relationship, DashGo
will share in Clear Channel’s terrestrial broadcast revenues, aligning
the business interests of both companies and helping to build a
sustainable market in Internet radio.
DashGo works with independent Artists, labels, and content owners to
distribute content across a range of digital music stores, ad-supported
services and social networks—including YouTube and iTunes— with
integrated analytics tools for tracking results. Clients and partners
include Weezer, Rock Mafia, Coconut Records, Delicious Vinyl, and Time
Records.
This is Clear Channel’s latest market-based partnership aimed at
developing and supporting a sustainable business model for the digital
radio industry that will help it grow, attract investment, and
encourage entrepreneurs. So far this year, Clear Channel has reached
music rights agreements with Big Machine Label Group, Glassnote
Entertainment Group, and Naxos.
“DashGo is a digital partner for content creators, and it is crucial
that we do everything we can to help Internet radio grow and thrive,”
said Ben Patterson, Founder and President of DashGo. “Since 2004, DashGo
has focused on creating new revenue streams, distribution channels and
promotional opportunities for artists, and Clear Channel’s
groundbreaking business model demonstrates they’re on the same page.”
Bob Pittman, Chief Executive Officer of Clear Channel, said: “Ben
Patterson’s DashGo is the kind of progressive, forward-thinking company
that is a perfect partner for us – they understand where the marketplace
is going and what needs to be done to succeed. This agreement will
provide greater access to artists across digital channels, and will
strengthen the integrated online marketing campaigns that DashGo
specializes in. Together, we’ll work to create an environment where
artists, labels, and radio benefit … no matter how fans choose to listen
to music.”
About DashGo
DashGo is a digital distribution partner representing over 100 Label and
Artist partners and approximately 100,000 songs. DashGo was founded in
2007 to offer labels and artists hands-on technology with the backing of
professional sales and marketing services.
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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