Tuesday, November 22, 2005

Warner Bros, Guilty of Payola

New York Attorney General Eliot Spitzer announced that, just a few months after Sony BMG agreed to pay $10,000,000 in fines for distributing illegal payola, Warner Music Group has agreed to pay $5,000,000 for the same thing. The money will not be given to artists or consumers directly however. Instead, it will be distributed by the Rockefeller Philanthropy Advisors to help fund music programs in New York State.

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