- NY Times, Wednesday, November 23, 2005 12:34 PM
At a time when Madison Avenue is struggling to define standards for paid product placement, another major media company has agreed to pay a multimillion dollar fine for paying to plug its own product:
music. New York Attorney General Eliot Spitzer Tuesday announced a $5 million settlement with Time Warner's Warner Music Group, the nation's third largest record label, in the state's so-called
"payola" investigation. It is the second major label to reach a settlement over charges that it paid radio programmers to play its songs. In July, Sony BMG Music Entertainment reached a similar
agreement.
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