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iHeartMedia Settles FCC Payola Investigation, Agrees to Adopt New Reporting Measures to Ensure Legal Compliance

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iHeartMedia, the largest owner of radio stations in the U.S., agreed to enter into a consent decree with FCC to settle a probe the agency launched last year into iHeartMedia’s compliance with federal rules prohibiting a specific form of payola dubbed “showola”, which involves radio stations pressuring artists to perform at station-hosted music shows […]