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

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 […]