New York Attorney General Investigating Music Industry

After investigating corporate corruption on Wall Street, New York state attorney general Eliot Spitzer is looking into the relationship among radio stations, independent record promoters and the record labels. Radio station companies are prohibited from accepting financial considerations for playing specific records on the air. However, independent promoters who seek radio airplay for labels often pay radio stations an annual fee to receive advance copies of their weekly playlists. Labels then pay the promoters for each new song added to the playlists. The attorney general has reportedly served subpoenas on four major record companies seeking information about independent promoters who attempt to influence airplay in New York state.