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Whoever's In New England
Forum Veteran
Join Date: Feb 23, 2004
Location: The Apollo
Posts: 7,088
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http://www.daytondailynews.com/busin...209payola.html
Radio conglomerates become target of 'payola' inquiry Radio conglomerates become target of 'payola' inquiry By Michael Gormley Associated Press ALBANY, N.Y. | New York Attorney General Eliot Spitzer said Wednesday he has subpoenaed many of the nation's largest radio conglomerates in his "payola" investigation of major artists and songs that he claims got air time because of payoffs by recording companies. "A lot of the major songs have been implicated in this and it showed how pervasive the payola infrastructure had become," Spitzer told The Associated Press. Warner Music Group Corp. agreed last year to pay $5 million to settle its part of the investigation, and Sony BMG Music Entertainment agreed to pay $10 million. A 1960 federal law and related state laws bar record companies from offering undisclosed financial incentives in exchange for airplay. The practice was called "payola," a contraction of "pay" and "Victrola," the old wind-up record player. Spitzer is investigating the largest nine radio corporations in a scheme that involved Jennifer Lopez's I'm Real and John Mayer's song Daughters. The companies that have received subpoenas control thousands of stations, including Clear Channel Communications Inc., Infinity which now operates as CBS Radio, Citadel Broadcasting Corp., Cox Radio Inc., Cumulus Broadcasting Inc., Pamal Broadcasting, and Entercom, Emmis Communications Corp. and ABC, according to court records filed by Spitzer. Cox Radio and Cox Newspapers Inc., parent of the Dayton Daily News, are units of Atlanta-based Cox Enterprises. Cox Radio operates four Dayton-area stations. |
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Esther Anderson: Get thee behind me, Satan, but I'm gon' get behind you, 'cause I'm gonna put my foot in your--- Peggy Mitchell: Get outta my pub! You better pray you get the last laugh, it's a kick in the teeth when you don't get it. |
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#2 |
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Member
Forum Fanatic
Join Date: Sep 28, 2003
Location: Louisville KY
Posts: 14,803
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I just love it that every single time payola comes up... J. Lo is always the first artist mentioned
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