.
Payola Settlement For CBS
10/20/06
.
(TuneLab) CBS Radio has settled with New York State Attorney General Eliot Spitzer over payola allegations. The radio giant has agreed to pay out $2 million, which will be distributed through the Rockefeller Philanthropy Advisors, to not-for-profit entities to fund music education and appreciation programs in New York.

The company has also agreed to undertake company-wide reforms, including immediately stopping the receiving of payment from labels for airplay and the discontinuing of the practice of using independent promoters.[see full story for more - so they settled for about the cost of "promoting" 2 song *(according to estimates)] - Click here for the Full Story

Note: The preceding story contained only the highlights of the full story published by TuneLab, if it was followed by a message to see the full story. To read the entire story click on the link following the story.

Additionally, if you wish to comment on this story, please use the Fan Speak area below.

Click here to return to the full Day in Rock report for 10/20/06

antiMUSIC News featured on RockNews.info and Yahoo News

.


advertisement