Radio Stations/Chains Settle Payola with Feds

[glokstadt]

Now that all Internet radio stations must pay-up or shut down due to increased Royality payment rules...

The Feds, who have been proscecuting/investigating "pay to play" on the radio airwaves are going to settle with four major chains, by having them pay $12.5 million, and give up 8,400 hours (wow!) of free airtime to indie record labels and local bands (get your demos ready!) in 30-minute segments.

Read on: http://www.harpmagazine.com/news/detail ... icle=10963


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