Universal Music Settles Spitzer-Led Payola Charges

In July of last year the J-Lo really hit the fan, when New York Attorney General and all-around self-promoting regulatory pit-bull, Eliot Spitzer announced the findings resulting from the application of his unique charms to an investigation of recording industy radio promotion tactics (Spitzer launched the investigation in 2004). Back in July Spitzer dropped the hammer on Sony Music with internal documents detailing alll manner of illegal payola activities. This week Universal Music announced that it was settling similar charges for a cool $12 million.

-- MDT