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iHeartMedia Settles FCC Payola "Showola" Investigation
iHeartMedia, the largest radio station owner in the United States, has agreed to a consent decree with the FCC to settle a probe into illegal "showola" practices. Showola involves radio stations pressuring artists to perform at station-hosted events in exchange for airplay. Under the settlement, iHeartMedia must adopt new reporting measures to ensure compliance with federal anti-payola rules.
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