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Sony's Mega Payola Pay Out

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AUdIoCoUrSeS



Joined: 31 Oct 2002
Posts: 2014
Sony's Mega Payola Pay Out  Reply with quote  

Sony BMG decided to get right with New York State Attorney General Eliot Spitzer, agreeing Monday to pay $10 million to the state in a blockbuster payola settlement that has rocked the music industry.

Among the revelations coming out of the settlement: Sony BMG routinely gave radio deejays and music directors cash or gifts to hype Sony BMG artists like Lopez.

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Any thoughts on this?
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Post Fri Sep 02, 2005 9:21 pm
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wailingalleycat
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Joined: 07 Oct 2003
Posts: 694
Location: Jersey C.I (UK)
Sony settlement  Reply with quote  

unfortunately that seems to be whats happening in media as a whole at the moment, companies do their best to sell their products, whats a bit of bribery here and there if it will make you millions?

I dont think $10 million is much of a payment, they wouldve made much more than that through record sales, to a company the size of Sony BMG, that isnt a huge amount.
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Post Sat Sep 03, 2005 4:38 am
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Calipso
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Joined: 14 Sep 2004
Posts: 155
Location: N.Ireland
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Thats the way its been ffor years. Said that it is against the law since 1960 or something? Well dozens of djs are bribed all the time, and obviously just dont say anything! Its common sense really. Pop artists need airplay to get their songs on the radio for ppl to hear and thus then buy. RFecord companies have a compelte seperate department simply called promotion, which solely deals with airplay. So wahts this fuss about "this is a huge scandal" ?

Its been going on for years and years, and anyone in the music business should know this!
Post Sat Sep 03, 2005 4:55 am
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