CBS to pay $2M to settle payola case
UNDATED (AP) — CBS Radio and the state of New York have reached a settlement involving the broadcasting of certain songs in return for rewards.
According to Attorney General Elliot Spitzer, CBS Radio will make a payment of up to $2 million to New York non-profit entities to fund music education and appreciation programs.
The broadcaster also agreed to stop taking payments and other inducements from record labels in exchange for airplay and to implement a system to detect future abuses.
Spitzer accused certain stations owned by CBS Radio of openly soliciting illegal financial benefits, expensive vacation packages, and other valuable items from record labels in exchange for playing the labels' songs.
Copyright 2006 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
No comments:
Post a Comment