After 95 Years, a Royalty Deal for Artists

The largest U.S. radio broadcaster and an independent Nashville record company said Tuesday they have reached a novel agreement that represents a major bet that radio’s future is online rather than over the air.

The deal revamps the way Clear Channel Media & Entertainment calculates the royalties it pays to play music distributed by Big Machine Label Group, the company behind some of the biggest stars in country music, including Taylor Swift, Rascal Flatts and Tim McGraw.

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About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

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