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Broadcasters Pay $12.5 Million to Settle Payola Allegations

4/13/2007 The FCC today released four Orders adopting Consent Decrees with CBS Radio, Citadel Broadcasting Corporation (“Citadel”), Clear Channel Communications, Inc. (“Clear Channel”), and Entercom Communications Corp. (“Entercom”). Pursuant to the Consent Decrees, the broadcasters agreed to pay a combined $12.5 million to close investigations into possible violations of the…