Associated Press

Sony Slumps to Loss

Sony Slumps to Loss

Slashes Profit Outlook on Falling Sales, Restructuring Costs
Sony BMG Agrees to $10M 'Payola' Settlement

Sony BMG Agrees to $10M 'Payola' Settlement

One of the nation's biggest music companies, Sony BMG Music Entertainment, agreed Monday to pay $10 million and to stop paying radio station employees to feature its artists to settle an investigation by New York Attorney General Eliot Spitzer. The agreement resulted from Spitzer's investigation of suspected "pay for play" practices in the music industry.
Jazz Composer Tom Talbert Dead at 80

Jazz Composer Tom Talbert Dead at 80

Tom Talbert, a self-taught pianist who arranged music for jazz greats such as Buddy Rich, Stan Kenton and Claude Thornhill, has died. He was 80. Talbert died Saturday at Cedars-Sinai Medical Center in Los Angeles after a severe stroke, his family said.

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