iHeart agrees to resolve US probe into airplay practices

IHEARTMEDIA INC

IHEARTMEDIA INC

IHRT

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WASHINGTON, July 9 (Reuters) - IHeartMedia IHRT.O resolved a Federal Communications Commission probe into allegations its radio stations pressured artists to perform at station-hosted music shows or festivals in exchange for more favorable airtime for their songs, the agency said Thursday.

The FCC said iHeartMedia, the largest owner of U.S. radio stations, agreed to a consent decree that requires rigorous disclosure procedures on the relationship between air play and performances at live events to ensure "no prohibited pressure or relationships."


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