Clear Channel, Stardome Strike Revenue-Sharing Deal

Clear Channel Media and Entertainment has struck a revenue-sharing deal with Stardome Artist Development Group, a media and entertainment company serving the U.S. Hispanic and Latin American marketplaces, the companies announced Monday.

The revenue-sharing deal covers both broadcast and digital streaming of songs by Stardome artists, including the teenage rock-pop band Synderes and Spanish-Mexican singer-songwriter Belinda, who has sold more than 2 million albums in the U.S. and 12 million worldwide.

The deal ensures that Stardome artists will be readily accessible to U.S. Hispanic listeners through Clear Channel’s network of stations and digital streaming audio platforms, including iHeartRadio.

Stardome Artist Development Group is part of the Stardome Media Group, which provides Spanish-language radio network programming, syndication and network ad sales representation for broadcast and digital radio targeting the U.S. Hispanic market.

Stardome Media Group Managing Director and CEO Anthony Michael Hernandez noted that digital radio is key to reaching younger Hispanics: “As a media company focused on the growing ethnic market segment in America, Stardome is also aiming its efforts to the second- and third-generation Latinos that are English-dominant.”

This is the latest in a series of revenue-sharing deals between Clear Channel and music companies.

Previously, CCME struck similar market-based agreements with Warner Music Group, Glassnote Records, Black River Entertainment, Fearless Records, and Fleetwood Mac.

Separately, Clear Channel also announced that it has struck a syndication deal with Grupo Radio Central, under which Clear Channel’s Premiere Radio Networks will distribute and provide ad sales support to “El Show del Mandril,” the popular talk and entertainment program hosted by “El Mandril,” Ricardo Sánchez, from Radio Centro 93.9–KXOS in L.A.  

Recommend (1) Print RSS