Wednesday, March 07, 2007

Indie on the Radio

Indie artists may have a better chance to be heard over the airwaves. REUTERS reports:Federal Communications Commission sources said Clear Channel Communications Inc., CBS Radio, Entercom Communications Corp. and Citadel Broadcasting Corp. have agreed to a consent decree that includes a $12.5 million payment to settle payola allegations raised by the agency.

The free airtime would be granted to companies not owned or controlled by Sony BMG Music Entertainment, Warner Music Group, Universal Music Group and EMI Group; do not have a market share larger than 5%; and are represented as independent through sales tracking firm Nielsen SoundScan.

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