toggle

AAPL Stock: 102.99 ( + 0.52 )

Printed from http://www.macnn.com

Sony to pay 10 million and halt \"pay-to-play\" service

updated 01:50 pm EDT, Mon July 25, 2005

Sony stops pay-to-play

Today New York Attorney General Eliot Spitzer announced that Sony has agreed to pay $10 million and halt its "pay-to-play" service in order to resolve a state investigation of payola in the music industry. Spitzer stated, "our investigation shows that, contrary to listener expectations that songs are selected for airplay based on artistic merit and popularity, air time is often determined by undisclosed payoffs to radio stations and their employees." according to the . Sony acknowledged it engaged in "improper conduct" according to a statement issued today by Spitzer's office. Radio station advertising is expected to drop less than one percent this year due to satellite-radio and iPods hurting prices for traditional advertisements, according to TNS Media Intelligence.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Comments are closed.

toggle

Network Headlines

toggle

Most Popular

MacNN Sponsor

Recent Reviews

Kenu Airframe Plus

Simple, stylish and effective, the Kenu Airframe + portable car mount is the latest addition to Kenu's lineup. Released earlier this ...

Plantronics Rig Surround 7.1 headset

Trying to capture the true soundscape of video games can be a daunting task. Looking to surround-sound home theater options, users hav ...

Adesso Compagno X Bluetooth keyboard

The shift from typing on physical keyboards to digital versions on smartphones and tablets hasn't been an easy for many consumers. Fr ...

toggle

Most Commented