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Westwood One, TM Studios Sign Multi-Year Extension
RADIO ONLINE | Wednesday, November 15, 2023 | 11:35am CT |
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Cumulus Media's Westwood One signs a deal to extend its partnership with TM Studios, a supplier of audio branding and sung jingles. Westwood One originally purchased TM Studios in 2009 and subsequently sold the company to former TM executives Greg Clancy, Dave Bethell and Chris "UK" Stevens in November, 2020.
Under the new agreement, Westwood One continues as TM's domestic barter representation agent, and TM continues to supply Westwood One's syndication partners, including many Cumulus stations,, with station jingles, commercial jingles and production music. TM also acquires the additional assets of the Drake Chenault catalog and all intellectual property associated with TM's former product lines HitDisc and GoldDisc.
"Westwood One is committed to partnering with companies that provide unique products and outstanding service, and TM fits that description perfectly." said Westwood One President Suzanne Grimes. "By extending our relationship with TM, we are assured that radio stations around the country will be able to access the best-in-class offerings TM has been creating for more than fifty years."
TM Studios CEO and Co-owner Greg Clancy added, "Westwood One has been like family to TM for over a decade. We are delighted to continue the growth of our business of creating world-class sonic branding for radio and tv stations, podcasters, advertisers and producers around the globe, while being represented for barter by the best in the business."
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