Tag: Payments

Clear Channel and Taylor Swift’s Big Machine label reach a deal

Last week, a ground-breaking deal was announced between Clear Channel and Taylor Swift's Big Machine Label Group. Clear Channel has, for the first time in radio history, offered to pay artists and labels a negotiated performance royalty in advance of any potential legal requirement set by Congress.

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Local Ads Moving to Social Networks

Borrel conducted an assessment of advertising palced on social networking sites and found that nearly 20% of all ad spending is done by local businesses. While you might think that most were on a national basis, Borrel estimates that local advertisers will account for about $641 million of nearly $3.3 billion this year trying to reach consumers…

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