Friday, February 02, 2007

Without Payola, Will Terrestrial Have To Start Paying Fees To The RIAA, Too?

$10 Million Payola Settlement in the Works?
via RadioWorld, Feb 2, 2007

There's an industry payola settlement, valued at about $10 million, on the table, USA Today reports.
Under one reported proposal, Clear Channel, CBS Radio, Entercom and Citadel would make payments and other contributions, such as airtime, totaling $10 million, according to the account; they would also draft compliance plans spelling out unacceptable actions.
But the topic is in play and details may change, sources told the paper.
Also, Sen. Russell Feingold, D-Wis., in a letter to the Senate Commerce Committee, urged members to adopt tough payola restrictions and discuss the topic with FCC commissioners at this week's hearing...read more: here

Labels: payola, riaa, terrestrial