Franklin-based classical music label Naxos has struck a deal with Clear Channel to take over the programming of the Classica station on the broadcasting giant's iHeartRadio platform. Naxos' distribution division has a catalog of more than 30,000 albums.
“We are enormously impressed with Naxos’s digital distribution, which makes them an ideal partner for Clear Channel as we continue to change the industry in bold and innovative ways,” said Bob Pittman, Chief Executive Officer of Clear Channel. “Mozart, Brahms, Beethoven, Bach, Chopin, Haydn—these composers wrote the original power chords, and their work is as vital today as when it was first written. Our agreement with Naxos further demonstrates that the market-based business model we unveiled this past summer makes sense for labels, artists, broadcasters, and fans.”