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Posted by FunkyDevil on 10/12/05 22:05
http://www.breitbart.com/news/2005/10/12/D8D6ME703.html
Clear Channel Communications Inc., the nation's largest owner of radio
stations, has fired unidentified employees and disciplined others after
an internal payola probe found evidence of wrongdoing.
The San Antonio-based company's announcement came in a statement
Wednesday after an earlier settlement between New York Attorney General
Eliot Spitzer and Sony BMG. The settlement agreement alleged that some
Clear Channel radio programmers took illegal "pay-for-play."
In July, Sony BMG agreed to pay $10 million and to stop bribing radio
stations to feature its artists. The agreement was part of a wider
investigation by Spitzer, who has called payola "pervasive" in the
radio industry.
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IN OTHER NEWS...
http://news.com.com/2061-10811_3-5883331.html
A new study of 13- to 24-year-olds in 11 countries has revealed that
teens prefer to listen to music over the Internet than radio.
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http://www.radioink.com/HeadlineEntry.asp?hid=130624&pt=todaysnews
Internet, New Technology Levels Playing Field For Up & Coming Musicians
Many in the music industry - including the big four record labels -
admit that the power balance in their business is shifting, due in
particular to the Internet.
Downloads, peer-to-peer file-sharing,podcasting and online radio
stations and a new generation of music entrepreneurs - are shifting
that power balance.
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