Music Industry News Network [12-15-2012]

rpme Labels And Artists To Participate In Clear Channel's Broadcast Revenues

MI2N www.mi2n.com
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."


Source: http://www.mi2n.com/press.php3?press_nb=160149

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