Financial Times FT.com

Warner settles on radio payments

By Aline van Duyn

Published: November 23 2005 02:00 | Last updated: November 23 2005 02:00

Warner Music yesterday agreed to pay $5m to settle a New York state investigation into improper payments made by the music industry to get songs played on the radio.

In a settlement similar to one made by Sony BMG in July, Warner Music agreed to stop making pay-offs in return for airplay, a practice called "payola", and said it would disclose all "items of value" provided to radio stations.

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