In 2012, Clear Channel (later named iHeart Media) and record label Big Machine cut a deal that was significant for what reason?

a. It was the first time a label would invest in a radio chain.
b. It was the first time a label would directly collect negotiated performance royalties from a U.S.
broadcaster.
c. It was the first time a label granted a market-exclusive release window to more than 100 radio
stations in a chain.
d. It was the first time artist Taylor Swift agreed to simultaneously appear live on all affiliated stations in
the group.

b. It was the first time a label would directly collect negotiated performance royalties from a U.S.
broadcaster.