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Thursday, March 08, 2007

Payola Doesn't Pay

"While no violations were found, we are pleased to announce that Clear Channel has agreed to settle this longstanding payola investigation with the F.C.C. We believe it is time to close the door on this ongoing inquiry and move forward." -- Andrew W. Levin, Clear Channel’s executive vice president and chief legal officer, responding to a proposed settlement with the Federal Communications Commission (FCC) to resolve claims that they accepted cash and other incentives in exchange for playing songs — a practice popularly known as payola

via March 6, 2007 article by Jeff Leeds in the New York Times, "Broadcasters Agree to Fine Over Payoffs" | related digg page

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Posted by Daniel at 12:05 PM

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