Media Decoder Blog: Clear Channel and Taylor Swift's Label Agree to Reinvent Royalty System

(LOS ANGELES) — Radio station giant Clear Channel has signed a deal with Warner Music Group that will for the first time give a major recording company and its artists a cut of revenue generated from traditional radio station airplay. The deal is similar to one Clear Channel cut with Taylor Swift and her Big Machine Label Group last year, and bypasses the regulatory environment in the U.S., where traditional radio stations aren’t required to pay performers royalties for airplay. It has long been assumed performers benefit from the radio exposure in the form of sales.

Taylor Swift's record label has cut a groundbreaking deal with radio giant Clear Channel that pays the singer and other artists more money now and paves the way for the growth of online radio.

LOS ANGELES (AP) -- Taylor Swift's record label has cut a groundbreaking deal with radio giant Clear Channel that pays the singer and other artists more money now and paves the way for the growth of online radio....

Rocco Pendola submits:The folks behind Clear Channel's (CCMO.PK) iHeart Radio keep sending out Tweets directing followers to a Facebook announcement that has Pandora (P)-like playlist

Clear Channel Communications, the largest radio station operator in the United States, dismissed dozens of local D.J.'s this week, saying the cuts were part of a reorganization of its roughly 600 regional radio stations.

Taylor Swift appears on the April cover of Vanity Fair.

Taylor Swift gets Instagram. The pop idol has taken to the social network to leave inspiring and sometimes hilarious comments on her fans' photos, which she can see if the user has tagged Swift in their picture. Perhaps this is the real case for using #hashtags.

Just yesterday MTV announced the nominees for the 2013 Video Music Awards.