As part of this new relationship, DashGo will share in Clear
Channel’s terrestrial broadcast revenues, aligning the business interests of
both companies and helping to build a sustainable market in Internet radio.
DashGo works with independent Artists, labels, and content
owners to distribute content across a range of digital music stores,
ad-supported services and social networks—including YouTube and iTunes— with
integrated analytics tools for tracking results. Clients and partners include
Weezer, Rock Mafia, Coconut Records, Delicious Vinyl, and Time Records.
This is Clear Channel’s latest market-based partnership
aimed at developing and supporting a sustainable business model for the digital
radio industry that will help it grow, attract investment, and encourage
entrepreneurs. So far this year, Clear Channel has reached music rights
agreements with Big Machine Label Group, Glassnote Entertainment Group, and
Naxos.
Bob Pittman, Chief Executive Officer of Clear Channel, said:
“Ben Patterson’s DashGo is the kind of progressive, forward-thinking company
that is a perfect partner for us – they understand where the marketplace is
going and what needs to be done to succeed. This agreement will provide greater
access to artists across digital channels, and will strengthen the integrated
online marketing campaigns that DashGo specializes in. Together, we’ll work to
create an environment where artists, labels, and radio benefit … no matter how
fans choose to listen to music.”
DashGo is a digital distribution partner representing over
100 Label and Artist partners and approximately 100,000 songs. DashGo was
founded in 2007 to offer labels and artists hands-on technology with the
backing of professional sales and marketing services.
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