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BUSINESS
March 9, 2001 | CHUCK PHILIPS, TIMES STAFF WRITER
Clear Channel Communications, the nation's largest radio broadcaster, wants a share of the tens of millions of dollars in record company promotional funds that go to independent promoters--and sometimes smack of payola. The move is sending a shudder through the major labels, which see legal and ethical problems with paying money directly to broadcasters to help get their artists on the air.
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BUSINESS
March 9, 2001 | CHUCK PHILIPS, TIMES STAFF WRITER
Clear Channel Communications, the nation's largest radio broadcaster, wants a share of the tens of millions of dollars in record company promotional funds that go to independent promoters--and sometimes smack of payola. The move is sending a shudder through the major labels, which see legal and ethical problems with paying money directly to broadcasters to help get their artists on the air.
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