Clear Channel and Suburban Noize Records to Partner on Digital and Broadcast Revenue-Sharing

Market-Based Agreement is Another Step Towards Creating a Sustainable Business Model for Digital Radio

LOS ANGELES & NEW YORK--()--Clear Channel Media and Entertainment, the leading media company with a greater reach in the U.S. than any other radio or television outlet, and indie music label Suburban Noize Records today announced an agreement that will enable Suburban Noize artists to share in broadcast and digital revenue.

Suburban Noize was founded in 1995 in Los Angeles, CA, and has since worked to promote underground artists and their unique styles around the world. The label is now home to a catalogue of thousands of original songs by artists including Madchild -- whose last release debuted #2 on the Canadian music charts -- and Big B, who just released his new album, “Fool’s Gold,” featuring a song co-written by the Dirty Heads. Kevin Zinger, who currently serves as co-owner and CEO of Suburban Noize, also owns Regime Management and SRH clothing.

“Throughout my career I have worked to help break up-and-coming underground artists,” said Zinger. “I want to do what I can to develop our artists’ careers and to make their music accessible to their fans around the world, and this agreement with Clear Channel helps me do that.”

“Suburban Noize is dedicated to supporting and promoting its wide range of artists,” said Bob Pittman, CEO of Clear Channel. “We are proud to partner with them to help their musicians reach fans through broadcast and digital radio. This revenue-sharing model is the future of the music industry and will benefit everyone from artists to labels to fans for years to come.”

The market-based agreement between Clear Channel and Suburban Noize follows Clear Channel’s landmark revenue-sharing agreement with Fleetwood Mac – the first direct performing rights partnership between a radio company and an artist. Clear Channel has also formed similar partnerships with other labels, including Big Machine Label Group, Glassnote Entertainment Group, eOne, Dualtone, DashGo, rpm Entertainment, Robbins Entertainment, Naxos, Wind-up Records, Fearless Records, Dualtone Music Group and Zojak World Wide.

About Suburban Noize

Suburban Noize Records is an independent music label that was founded in 1995 in Los Angeles, CA, Inspired by rap and punk labels that set a precedent of self empowerment, independence, and a do-it-yourself work ethic. Today the label is home to a diverse roster of artists and bands from a variety of genres, as well as an eclectic catalogue. Suburban Noize has grown into an independent powerhouse that has sold over 4 million records, had more than 30 releases chart on the Billboard Top 200, and had the #1 independent album in the country.

More information can be found at www.suburbannoizerecords.com.

About Clear Channel Media and Entertainment

With 243 million monthly listeners in the U.S., Clear Channel Media & Entertainment has the largest reach of any radio or television outlet in America. Clear Channel Media & 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 225 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. More information on the company can be found at ClearChannel.com.

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Contacts

Suburban Noize Records
Kerosene Media
James Wright
james@kerosenemedia.com
or
Clear Channel
Wendy Goldberg
wendygoldberg@clearchannel.com

Release Summary

Clear Channel and Suburban Noize Records to Partner on Digital and Broadcast Revenue-Sharing

Contacts

Suburban Noize Records
Kerosene Media
James Wright
james@kerosenemedia.com
or
Clear Channel
Wendy Goldberg
wendygoldberg@clearchannel.com