Printer Friendly
The Free Library
14,529,800 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Universal settles payola probe.


Universal Music Group Recordings Inc. has agreed to pay $12 million to settle a payola pay·o·la  
n.
1. Bribery of an influential person in exchange for the promotion of a product or service, such that of disc jockeys for the promotion of records.

2.
 case that claimed the company provided vacations, electronics and other bribes to increase radio play for their artists, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 a statement from New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Attorney General Eliot Spitzer.

The bribes and gifts reportedly were used to gain airplay air·play  
n.
The broadcasting of an audio or audiovisual recording on the air over radio or television.


airplay
Noun

the broadcast performances of a record on radio
 for songs on records by Nick Lachey, Ashlee Simpson, Brian McKnight, Big Tymers, and Lindsay Lohan, Spitzer said in papers filed in state Supreme Court with the settlement.

The company, which has corporate headquarters in Santa Monica and New York, agreed to pay the cash to charity, along with $100,000 to cover the cost of the investigation. The company didn't admit guilt, but acknowledged "various employees and independent promoters acting on behalf of the company" engaged in the illegal practice. It also has agreed to reform its practices.

Universal, whose labels include Geffen, A&M Records and Island Def Jam Here is a list of artists signed to The Island Def Jam Music Group. 0-9
  • The 88 (Island/IDJMG)
  • 112 (Def Jam/IDJMG)
  • 344 Mobb (Def Jam/IDJMG)
A
  • A Girl Called Jane (Island/IDJMG)
  • Annie (Island/IDJMG)
 Music Group, has a nearly 26 percent share of the world market.
COPYRIGHT 2006 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Universal Music Group Recordings Inc
Comment:Universal settles payola probe.(Universal Music Group Recordings Inc)
Publication:Los Angeles Business Journal
Article Type:Brief article
Geographic Code:1USA
Date:May 15, 2006
Words:167
Previous Article:L.A. market ready to support NFL Team, study finds.(National Football League)(Brief article)
Next Article:Cheesecake share purchase.(NEWS ROUNDUP)(Cheesecake Factory Inc.)(Brief article)
Topics:



Related Articles
Universal Hays Latin Label.(Universal Music Group to purchase RMM Records)(Brief Article)
UNIVERSAL TO SELL ITS MUSIC OVER INTERNET BY YEAR'S END.(Business)
Fighting the rising swapping tide.(the impact of online music trading on the recording industry)
Payola at Universal.(New Business)(exeuctive fired from Universal Music says firm engages in illegal practice)(Brief Article)
Over the rainbow: Argentine rock legend Gustavo Santaolalla breathes life into rock en espanol.(Latin America)
Uncensored TV project seen as idea whose time was stolen.(Uncensored Music Network Inc., Universal Music Group Inc., DirecTV Inc., cases)
Music launch.(Wall Street West)(Brief Article)
Payola case.(Warner Music Group)(Brief Article)
Facing the music: debatable point: tough stance may not halt tradition of payola.
Warner music looks to future and sees profits in downloads.(Warner Music Group)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles