Entercom Communications, one the nation's largest broadcasters, will pay $4.25 million to end New York Attorney General Eliot Spitzer's investigation of gifts -- or "payola" -- given by record companies in exchange for air play, Spitzer said Wednesday. Spitzer also charged that Entercom took payments from record labels to play their songs on certain programs in order to manipulate the music charts. The payola investigation has so far led to settlements with four major record companies and CBS Radio.
December 28, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Entercom Communications Corp., one the nation’s largest broadcasters, will pay $4.25 million to end New York Attorney General Eliot Spitzer’s investigation of gifts — or “payola” — given by record companies in exchange for air play, Spitzer said Wednesday.
A lawsuit filed by Spitzer’s office in March claimed Entercom solicited payments from record labels and traded air time for promotional items, personal trips and other gifts.
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