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iHeartMedia settles radio payola investigation


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HeartMedia, the largest owner of radio stations in the U.S., agreed to enter into a consent decree with FCC to settle a probe the agency launched last year into iHeartMedia’s compliance with federal rules prohibiting a specific form of payola dubbed “showola” — which involves radio stations pressuring artists to perform at station-hosted music shows or festivals for free or for reduced payment “in exchange for more favorable airtime for their songs,” per the FCC.

Under the agreement, iHeartMedia within 60 calendar days will develop and implement “rigorous reporting and disclosure procedures to provide the FCC with additional insight into the relationship between spins on air and performances at live events — ensuring no prohibited pressure or relationships,” according to the FCC.

 

 

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