May 12, 2006

A larger market share will get you things...such as a larger fine from Eliot Spitzer's office. Universal Music Group has agreed to pay a $12 million fine to settle the payola investigation. Previously Sony BMG paid $10 million to settle its suit and Warner Music Group paid $5 million.

If you have some spare time, scroll through this PDF of Exhibits to UMG's Assurance of Discontinuance, which contains emails that show how UMG and its independent promoters paid for airplay through various means.

Fox New's Roger Friedman lays the blame almost solely on Lindsay Lohan. "Lindsay Lohan's Record Company Fined $12m" says the headline. His tone is harsh, as is the way he quotes from UMG emails to show how the company "tried to force bad music down our throats."

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Posted by Glenn at 11:17 AM | | | Radio | Universal Music Group