Entercom and Glassnote Entertainment Group Ink Music License Deal



BALA CYNWYD, PANEW YORK, NY – Hot on the heals of 6 Grammy nominations for Mumford & Sons, leading independent record company Glassnote Entertainment Group and Entercom Communications today announced an agreement to align their business interests and accelerate growth and innovation in digital radio to the benefit of music fans and radio listeners everywhere. Through this mutually beneficial arrangement, Glassnote will become the second record company to directly participate, along with its artists, in Entercom’s over-the-air broadcast radio revenues.  Entercom and Big Machine Label Group recently announced a similar deal.

Artists with Glassnote who will benefit from this agreement include Phoenix, The Temper Trap, Two Door Cinema Club, Mumford & Sons, GIVERS, Childish Gambino, Oberhofer, Daughter, Robert DeLong, Little Green Cars and Flight Facilities.

“This agreement between Glassnote and Entercom represents another important step forward to establishing a new business model that aligns the interests of artists, labels, radio and listeners.  We look forward to working closely with Daniel Glass and his team and their artists, including Grammy nominees Mumford & Sons in the years to come,” said Entercom President and CEO David Field.

“David Field and his programming team lead by Pat Paxton, share our vision and philosophy that Radio and Music should naturally complement each other and work hand and hand,” said Glassnote Entertainment Group’s founder and CEO Daniel Glass.  “We both have ambitious plans for the growth of our companies and great respect for Artists and their Music.  We are excited to be working towards the same goals in our future endeavors. We respect the level of programming and taste of the Entercom Communications and look forward to a great future together.”

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About Entercom

Entercom Communications Corp. (NYSE: ETM), led by President and CEO David Field, is one of the largest radio broadcasting companies in the United States, with a nationwide portfolio of over 100 stations in 23 markets, including San Francisco, Boston, Seattle, Denver, Portland, Sacramento and Kansas City.

Known for developing unique and highly successful locally programmed stations, Entercom is home to some of radio’s most distinguished brands and compelling personalities. The company is also the radio broadcast partner of the Boston Red Sox, Boston Celtics, Buffalo Bills, Buffalo Sabres, Kansas City Royals, Memphis Grizzlies, New Orleans Saints, New Orleans Hornets, Oakland Athletics and San Jose Sharks.

Entercom focuses on creating effective multi-platform marketing solutions for its customers, incorporating the company’s audio, digital and experiential assets. Additionally, the company has a long-standing commitment to responsible corporate citizenship and environmental stewardship. Entercom stations play a vital, hands-on role in improving their communities, providing over $100 million in annual support for local charitable organizations.

The company’s radio stations have received numerous awards, including multiple Edward R. Murrow Awards for excellence in broadcast journalism, as well as the National Association of Broadcasters (NAB) Marconi Award for excellence in radio broadcasting.  In 2012, Entercom was named by Information Week as one of the Top 500 Technology Innovators in the United States.

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About Glassnote Entertainment Group

Daniel Glass is Founder/President of Glassnote Entertainment Group, a full service independent music company including a burgeoning music publishing arm, Four Song Night, which began in 2007. Glassnote is the proud home to Grammy Award winning Phoenix, Grammy nominated and double platinum selling Mumford & Sons, The Temper Trap, Two Door Cinema Club, GIVERS, Childish Gambino, Oberhofer, Daughter, Robert DeLong, Little Green Cars and Flight Facilities. Daniel Glass started the company as a place to develop Artists’ careers.

With its communal spirit, exquisite mix of Artists and musically driven management team, Glass is proud that the company’s commitment to true Artist development is proving successful. In 2011, Rolling Stone magazine named Glassnote “Best Indie Label.” Glassnote artists have been nominated for numerous awards including GRAMMYs, MTV VMAs, The BET Awards, The mtvU Woodies, The Americana Music Awards, A2IM Awards, and the American Music Awards. www.glassnotemusic.com