rpme Labels and Artists to Participate in Clear Channel’s Broadcast Revenues

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, TN and NEW YORK, NY – December 11, 2012 – 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.”

About rpmentertainment
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.

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Contacts:

rpme
Karen Tallier
LOUDMOUTH Entertainment
615-244-9015
Info@loudmouth.com
 

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iHeartMedia (NASDAQ: IHRT) is the number one audio company in the United States, reaching nine out of 10 Americans every month. It consists of three business groups.

With its quarter of a billion monthly listeners, the iHeartMedia Multiplatform Group has a greater reach than any other media company in the U.S. Its leadership position in audio extends across multiple platforms, including more than 860 live broadcast stations in over 160 markets nationwide; its National Sales organization; and the company’s live and virtual events business. It also includes Premiere Networks, the industry’s largest Networks business, with its Total Traffic and Weather Network (TTWN); and BIN: Black Information Network, the first and only 24/7 national and local all news audio service for the Black community. iHeartMedia also leads the audio industry in analytics, targeting and attribution for its marketing partners with its SmartAudio suite of data targeting and attribution products using data from its massive consumer base.

The iHeartMedia Digital Audio Group includes the company’s fast-growing podcasting business -- iHeartMedia is the number one podcast publisher in downloads, unique listeners, revenue and earnings -- as well as its industry-leading iHeartRadio digital service, available across more than 500 platforms and 2,000 devices; the company’s digital sites, newsletters, digital services and programs; its digital advertising technology companies; and its audio industry-leading social media footprint.

The company’s Audio & Media Services reportable segment includes Katz Media Group, the nation’s largest media representation company, and RCS, the world's leading provider of broadcast and webcast software.

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