Wednesday, April 11, 2007

Payola

This is a month old, but somehow I didn't hear about it. From the Associated Press...
Broadcast Companies Agree on $12.5 Million Anti-Payola Settlement

WASHINGTON (AP) -- Radio listeners weary of hearing the same songs over and over may have something to cheer about: Broadcasters have tentatively agreed to anti-payola settlements that could shake up music playlists at some of the nation's largest radio chains.
Four major broadcast companies would pay the government $12.5 million and provide 8,400 half-hour segments of free airtime for independent record labels and local artists, The Associated Press has learned.
I'm skeptical about what this means in real life, but read the rest of the article on Yahoo.

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