EMI Settles With New York Attorney General for $3.75 Million

EMI North America will pay $3.75 million to settle a payola investigation by New York Attorney General Eliot Spitzer. The decision follows similar settlements by three other major record companies — Universal ($12 million), Sony BMG ($10 million) and Warner Music ($5 million). Labels in the U.S. cannot legally offer financial incentives in exchange for radio airplay. In the EMI case, the $3.75 million will fun nonprofit music education groups in New York. EMI’s subsidiary labels include Capitol Nashville, home to Trace Adkins and Keith Urban, but documents released by Spitzer’s office do not reflect the involvement of Capitol Nashville and country stations in the EMI investigation.