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Old 23-11-05, 04:04 PM   #1
TankGirl
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Join Date: May 2000
Location: Area 25
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Arrow Warner Music settles N.Y. payola case with 5M$

Globe and Mail:

Quote:
ALBANY, N.Y. -- Warner Music Group Corp. has agreed to pay $5-million (U.S.) to settle an investigation into payoffs for radio airplay of artists, New York Attorney-General Eliot Spitzer said yesterday.

Warner is the second major recording company to reform and settle with Mr. Spitzer in a practice the Attorney-General said was "pervasive." In July, Sony BMG Music Entertainment agreed to pay $10-million and stop bribing radio stations to feature artists.

"Unfortunately, other companies continue to engage" in the practices, he said. "I applaud Warner's decision to halt this conduct, co-operate fully with my office, and adopt new business practices."

The money that Warner Music has agreed to pay in the civil settlement will be distributed by the Rockefeller Philanthropy Advisors to New York State to fund music programs in the state.

Whole article here
Yes, they have "pervasively" corrupted and spoiled the radio as a media to discover good new music. No wonder people prefer to find their music through Internet and p2p instead.
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