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Major Broadcasters Hit With $12M Payola Fine 222

Gr8Apes writes with a just-breaking AP story reporting that the FCC is wrapping up a settlement in which four major broadcast companies would pay the government $12.5 million and provide 8,400 half-hour segments of free airtime for independent record labels and local artists. The finish line is near after a 3-year investigation. An indie promoter is quoted: "It's absolutely the most historic agreement that the independent community has had with radio. Without a doubt, nothing else comes close."

Feed Chinese Spies: Threat or Not (wired.com)

Its intelligence services are running wild in the U.S. and pilfering technology, according to a new counterintelligence exec on China. Is this the latest Bush fear-mongering? Plus: Bush board backs wiretaps. In 27B Stroke 6.


Feed CIA Leak Trial: Libby Guilty (wired.com)

VP Dick Cheney's former chief of staff, I. Lewis "Scooter" Libby, gets felony convictions for lying and obstructing an investigation into the leak of a CIA operative's identity. By the Associated Press.


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