SONY Admits Paola Scam

Sony
BMG, the world’s second-biggest record label, has agreed to pay $10m
and stop paying radio station employees
to play its artists’ songs

The settlement follows an investigation into "pay for play" practices
in the music industry, conducted by New York Attorney General Eliot Spitzer.

The probe found "air time is often determined by undisclosed payoffs," said
Mr Spitzer on Monday.

Record companies in the US cannot offer financial incentives under a 1960
law.

Nothing new under the sun. Stands to reason that
in this season of unbridled capitalism lots of old scams are bound
to try
to make comebacks. Interest-only mortgages, gutted pension funds
or multi-level marketing, anyone?

from the
BBC

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