Fleetwood Mac Wins Revenue-Sharing Deal

Updated June 13, 2013 4:16 p.m. ET

Clear Channel Communications Inc. said Wednesday it would start paying classic rock band Fleetwood Mac a sliver of the broadcaster's radio-advertising revenue in exchange for the right to use the band's newest music on the company's online services.

The agreement puts Fleetwood Mac among a handful of performing artists that get paid anything at all when their music is played on the radio in the U.S. Unlike in most other countries, U.S. law requires radio broadcasters to pay so-called performance royalties only to music...

Available to Subscribers