New York State Attorney General Eliot Spitzer on Monday plans to announce a settlement of his probe into the way music companies influence which songs get played on the radio, a spokesman for the
official said. Spitzer served the four top record companies -- Universal Music Group, Sony BMG, EMI Group Plc and Warner Music Group Corp. -- with subpoenas demanding information on so-called payola,
sources familiar with the matter have said.
Read the whole story at Reuters, July 25, 2005 »