Clear Channel, Wind-Up Records Sign Royalty-sharing Agreement

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Clear Channel, Wind-Up Records Sign Royalty-sharing Agreement

Apr 9, 2013 10:09 AM

New York, NY � Apr 9, 2013 � Clear Channel Media and Entertainment and Wind-up Records signed an agreement in which the companies will share digital and broadcast radio revenue streams.

Founded in 1997, Wind-up Records has successfully launched a number of multi-platinum rock artists, including Evanescence, Creed, Finger Eleven, and Seether, and has further built the careers of Five for Fighting, O.A.R. and The Darkness, among others.

Clear Channel's market-based agreement with Wind-up follows several recent, similar agreements, including Big Machine Label Group, Glassnote Entertainment Group, Dualtone, DashGo, rpm Entertainment, Robbins Entertainment and Naxos.

Wind-up Records is a privately owned music entertainment firm that was founded in 1997.

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