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Clear Channel and BBR Music Group Imprints Broken Bow and Stoney Creek Records Announce Revenue-Sharing Agreement

IHRT

BBR Music Group Artists Including Country Superstar Jason Aldean, Dustin Lynch, Randy Houser and Thompson Square to Share in Revenue Across Clear Channel’s Broadcast Radio Stations and iHeartRadio Digital Platform

Clear Channel Media and Entertainment, the leading media company in America with a greater reach in the U.S. than any other radio or television outlet and BBR Music Group, an independent country music label, today announced an agreement that will enable its imprints Broken Bow Records and Stoney Creek Records and its artists to share in revenue across Clear Channel’s broadcast radio and iHeartRadio streaming stations.

Broken Bow Records’ roster of artists includes ACM nominee and reigning “Male Vocalist of the Year” Jason Aldean, who recently scored his 13th career chart-topping off his current album NIGHT TRAIN, which earned PLATINUM certification in only four weeks after release. Aldean has sold over 8.5 million albums to date and the Macon, Ga. native will kick off his headlining 2014 BURN IT DOWN TOUR on May 1 and the tour includes stops at five Major League baseball stadiums. Aldean has already sold out several of the upcoming stadium dates, two nights at the iconic Red Rocks Amphitheatre and just rolled out a three-night run in Atlanta.

The BBR Music Group is also home to some of the most promising young artists in country music, including:

  • Randy Houser took Country Radio by storm with the 2013 release of his Stoney Creek Records album How Country Feels. Scoring Platinum certifications and back-to-back No. 1 hits with the title track and “Runnin’ Outta Moonlight,” Houser earned the American Country Award for Most Played Radio Track: Male (“How Country Feels”) and is gaining momentum in the Top 5 with current single, which he co-wrote, “Goodnight Kiss.”
  • Celebrated by Rolling Stone editors as “THE New Hat in Town” in the magazine’s 2013 “Best of Rock” issue, Dustin Lynch will release, “Where It’s At,” the lead single from his upcoming sophomore album to Country Radio on March 31st. Since his debut single “Cowboys and Angels” became a modern Country classic, Lynch has scored a #1 album, sold over 1 million singles and surpassed 10 million views on YouTube/VEVO.
  • “Band of Brothers” Parmalee, named for the band’s hometown in North Carolina, recently dominated the country radio charts with the two-week #1, GOLD-selling single “Carolina.” Parmalee’s Top 40 debut country radio single, “Musta Had A Good Time” was voted #1 by fans for four consecutive weeks on SiriusXM The Highway¹s “Hot 30 LIVE” and new single “Close Your Eyes” is quickly rising up the charts. Each song appears on Parmalee’s debut country album, FEELS LIKE CAROLINA, in stores now.
  • Reigning 2x ACM and 2012 CMA “Vocal Duo of the Year” Thompson Square has earned two #1 smash singles, six Top 20 hits, seven mainstream awards and over 25 nominations (including 2 GRAMMY as well as American Music Award and Teen Choice Award nods). Thompson Square’s current single, “Everything I Shouldn’t Be Thinking About” is the second consecutive smash off the duo’s new album JUST FEELS GOOD.

“Radio plays a powerful – and unique – role in breaking country artists. Clear Channel's commitment to being a leader in exposing fans to the best new music is undeniable. They have taken a very proactive role in growing the format, while strengthening the health of both the Radio and Records industries,” said BBR Music Group EVP Jon Loba. “Forming closer ties with a partner who wants to 'grow the pie' for all parties involved, while ensuring that country fans can access our music on multiple platforms was a logical move for us.”

“Broken Bow Records deserves its reputation for discovering, cultivating and marketing some of the most exciting new artists in country music,” said Clear Channel CEO Bob Pittman. “Clear Channel is delighted to have the BBR Music Group and its artists as partners as we continue to build a sustainable digital music industry that benefits everyone involved – artists, fans, record labels, and broadcasters.”

Clear Channel’s partnership with Broken Bow Records follows the company’s landmark revenue-sharing agreement with Warner Music Group – the first wide-ranging strategic alliance between a major music company and Clear Channel.

Clear Channel has also reached similar market-based agreements with independent music companies including Big Machine Label Group, Glassnote Entertainment Group, eOne, Dualtone, DashGo, Black River Entertainment, rpm Entertainment, Robbins Entertainment, Naxos, Wind-up Records, Fearless Records, Zojak World Wide and Suburban Noize Records, as well as recording artists Fleetwood Mac.

About BBR Music Group

Founded by President/CEO Benny Brown in 1997, the BBR Music Group has grown from a fledgling independent label into the largest independent Country label group in the United States whose umbrella now includes Broken Bow Records, Stoney Creek Records, RED BOW Records, BBR Management and publishing company Magic Mustang Music. With a roster of talented artists that includes multi-platinum superstar Jason Aldean, #1 chart-topper Dustin Lynch, American Idol’s Kristy Lee Cook, James Wesley and newcomer Jackie Lee, BROKEN BOW RECORDS continues to make a name for itself in the Country music industry. Founded in March 2009 as a continuation of the passion and determination that spawned the success of Broken Bow, STONEY CREEK RECORDS boasts a roster which includes 2x ACM and 2012 CMA “Vocal Duo of the Year” and GRAMMY nominees Thompson Square; ACM and CMA nominee Randy Houser as well as #1 chart-toppers Parmalee and newcomer Lindsay Ell. RED BOW RECORDS, in partnership with the country’s largest independent distributor RED Distribution, a Division of Sony, was founded in October 2012 and boasts an artist roster of 4x GRAMMY nominee and CMA and ACM award winner Joe Nichols and hot Country newcomers David Fanning and Chase Bryant. The BBR Music Group is headquartered in Nashville, TN and is distributed by Sony RED. http://www.bbrmusicgroup.com

About Clear Channel Media and Entertainment

With 245 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 markets through 840 owned radio stations, and the company’s radio stations and content can be heard on AM/FM, HD digital radio, satellite radio, on the Internet at iHeartRadio.com and on the company’s radio station websites, on the iHeartRadio mobile app, in enhanced auto dashes, on iPads and smartphones, and used via navigation systems. iHeartRadio, Clear Channel's digital radio platform, is the No. 1 all-in-one digital audio service with over 300 million downloads; it reached its first 20 million registered users faster than any digital service in Internet history.

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 & Entertainment is a division of CC Media Holdings, Inc. (OTCBB:CCMO), a leading global media and entertainment company.

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