Zojak World Wide Artists to Receive Broadcast and Digital Radio Revenue Through Clear Channel Partnership

Zojak World Wide Artists to Receive Broadcast and Digital Radio Revenue Through Clear Channel Partnership
 
Agreement Between Top Digital Distributor of Jamaican Music and the Leading U.S. Media Company Is Another Step Toward Building a Sustainable Business Model for Digital Radio

New York, NY and Chicago, IL – May 16, 2013 – Clear Channel Media and Entertainment, the leading media company in the country with a greater reach than any other radio or television outlet, and Zojak World Wide, a company at the forefront of digital music distribution, today announced a partnership that will enable Zojak’s artists to receive revenue from Clear Channel’s digital and broadcast radio revenue streams.

After only five years in business, Zojak is credited with bringing the digital revolution to the Jamaican music industry.  The company distributes and promotes the music of more than 750 reggae labels and their artists, and maintains the largest digital distribution catalog of Jamaican music in the world.

In March 2013, Zojak made history when dancehall star David “Mavado” Brooks became the first Caribbean artist to receive an exclusive video premiere on Billboard with his new single “Take It,” featuring Karian Sang.  Founded in Chicago in 2007, Zojak now has operations in Kingston, Jamaica and Miami, Florida.

“Our goal is to continue to expose our unique artists to new audiences and to expand the presence of Jamaican music everywhere,” said Zoe Espitia and Aaron Mahlfeldt, co-founders of Zojak World Wide. “Radio is a valuable tool for publicizing our talent, and at Zojak, we recognize that as the music industry evolves, digital radio has become an especially crucial medium.”

“Zojak has built an impressive music catalog in a short time by collaborating with artists, producers and record labels, to focus on distributing its clients’ music digitally,” said Bob Pittman, CEO of Clear Channel. “We are very excited to partner with a company that shares our goal of creating a sustainable business model for the future of the digital radio industry.”

Clear Channel’s market-based partnership with Zojak is the latest in a series of similar innovative agreements with other record labels, including: Big Machine Label Group; Glassnote Entertainment Group; DashGo; rpm entertainment; Robbins Entertainment; Naxos; and Wind-Up Records.

About Zojak World Wide
Zojak World Wide is the leader in music digital distribution, offering worldwide distribution, marketing and promotion all in one place. Zojak’s clients experience the best in state-of-the-art reporting, free E-blasts, and promotions that keep the power in the artists’ hands.

About iHeartMedia, Inc.

iHeartMedia (NASDAQ: IHRT) is the number one audio company in the United States, reaching nine out of 10 Americans every month. It consists of three business groups.

With its quarter of a billion monthly listeners, the iHeartMedia Multiplatform Group has a greater reach than any other media company in the U.S. Its leadership position in audio extends across multiple platforms, including more than 860 live broadcast stations in over 160 markets nationwide; its National Sales organization; and the company’s live and virtual events business. It also includes Premiere Networks, the industry’s largest Networks business, with its Total Traffic and Weather Network (TTWN); and BIN: Black Information Network, the first and only 24/7 national and local all news audio service for the Black community. iHeartMedia also leads the audio industry in analytics, targeting and attribution for its marketing partners with its SmartAudio suite of data targeting and attribution products using data from its massive consumer base.

The iHeartMedia Digital Audio Group includes the company’s fast-growing podcasting business -- iHeartMedia is the number one podcast publisher in downloads, unique listeners, revenue and earnings -- as well as its industry-leading iHeartRadio digital service, available across more than 500 platforms and 2,000 devices; the company’s digital sites, newsletters, digital services and programs; its digital advertising technology companies; and its audio industry-leading social media footprint.

The company’s Audio & Media Services reportable segment includes Katz Media Group, the nation’s largest media representation company, and RCS, the world's leading provider of broadcast and webcast software.

Visit iHeartMedia.com for more company information.