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June 5, 2012
Dennis Wharton
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NAB Statement on Agreement Between Clear Channel and Big Machine Label Group

WASHINGTON, D.C. -- In response to published reports of a private agreement between Clear Channel and Big Machine Label Group, the following statement may be attributed to NAB Executive Vice President of Communications Dennis Wharton:

"NAB remains steadfastly opposed to a government-mandated performance tax on local radio stations. Beyond our respect for private contracts, we take no position on free-market agreements negotiated between broadcast companies and other businesses."

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