Entercom Settles Spitzer Payola Investigation – Takes $4.25 Million Hit
The Office of the New York Attorney General has settled its Payola investigation with radio conglomerate Entercom Communications Corp. to the tune of $4.25 million dollars. The outcome was formally announced on December 27th, and follows similar arrangements with Sony BMG, Warner Music Group, Universal Music Group, EMI, and CBS Radio. Entercom controls 105 stations, and is the fifth-largest radio conglomerate in the United States. As...
Is A Major Label About To Release A Large Portion Of Their Catalog As MP3s??
Even though Apple is taking up much of the rumor mill bandwidth with iPhones, iTablets, iTV, a super portable thin laptop, and of course, iPods, we take this opportunity to drop this bomb… A big four label is planning to release a significant portion of their library as MP3s in an effort to stimulate severely sagging sales. Which label is it? Good question since the anonymous sources who are flapping their lips will only say...
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