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Payola Out, Indies In
03/06/07
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(Idolator.com) Today, the Associated Press reports, four radio-broadcast companies and the government have settled on a plan to atone for engaging in pay-for-play agreements with the major labels. The broadcasters won't have to admit to any wrongdoing, but they will pay fines totaling $12.5 million to the government, and they'll free up 8,400 half-hour segments on their stations for music by "independent record labels and local artists":

The American Association of Independent Music, a group of independent record labels, has received a commitment from the same four broadcasters for the free airtime, the sources said.[wait there is more, see full story] - Click here for the Full Story

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