Four of the six largest radio consolidators have settled with the FCC over alleged payola practices according to the Associated Press. That means Entercom pays $4 million. Clear Channel $3.5 million. CBS $3 million and Citadel $2 million. Previously New York Attorney General Eliot Spitzer collected $30 million from the big four record labels and another $6.25 million from CBS and Entercom. Spitzer has been critical of the FCC for doing nothing.
But early reaction to the deal seems to be positive. I wish I&hellip
Recent Posts
- Inside iHeart’s Barter Machine
- The Audience That Stayed
- Foreigners to Radio’s Rescue
- Should Radio Demand a Button on the Digital Dashboard?
- What Everyone Is Missing at Cumulus
- Independent Owners Retirement Crisis
- Are Beasley’s Major Markets Next
- The Plan for Westwood One
- Listener Supported Commercial Stations
- Bye Bye Market Managers