Sunday, March 4, 2012

Spitzer widens payola probe; Attorney general subpoenas nine of the country's largest radio conglomerates.(Business)

Byline: MICHAEL GORMLEY Associated Press

ALBANY - New York Attorney General Eliot Spitzer said Wednesday he has subpoenaed nine of the nation's largest radio conglomerates in his "payola" investigation of major artists and songs that he claims got airtime because of payoffs by recording companies.

"A lot of the major songs have been implicated in this and it showed how pervasive the payola infrastructure had become," Spitzer said. "Major artists, major songs were sent up the charts through improper payments to buy spins on the air that translated into sales."

The companies that have received subpoenas control thousands of stations nationwide, …

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