Word: payola
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...repeal the prohibition law. The hypocrisy of their back-door drinking habits, he told the legislature, makes Mississippians the "laughingstock of the nation." Said Johnson: "It is high time for someone to stand boldly in the front door and talk plainly, sensibly and honestly about whisky, black-market, taxes, payola, and all of the many-colored hues that make up Mississippi's illegal aurora borealis of prohibition...
Then, in 1959, the payola scandal struck. Freed was indicted for accepting $30,000 in bribes from six record companies for pushing their releases. Rock 'n' roll faltered; record sales fell off 30%. Crooned Bing Crosby: "My kind of music is coming back...
Died. Alan Freed, 43, big daddy of rock 'n' roll in the mid-1950s, making as much as $200,000 a year on radio and TV until he was caught accepting some $30,000 in record-company payola in 1959, got a six months' suspended sentence and faded from earshot; of uremia; in Palm Springs, Calif...
While his wife got started on the family Christmas shopping last week, many an executive scanned a lengthy gift list of his own. Corporate gift giving to contacts and customers, out of favor in recent years after "payola" worked its way into the business lexicon, has been revived by prosperity, the passage of time, and a 1963 Internal Revenue ruling that allows business deductions for gifts of no more than $25 in value. This year, company Christmas purchases are expected to rise 9% and account for the largest part of the $325 million yearly business in corporate gifts...
...Dover, Del., State News possesses many distinctions. It may well be the only U.S. daily whose reporters cannot come in out of the rain. The roof leaks. Its editor accepts payola-and brags about it. Accept the gift and ignore the giver, he says. He also quarrels with his wife on the editorial page and takes pride in not knowing what his writers are going to say next. Simply by being there, the paper has canceled one of the city's own claims to distinction: until the State News came along, Dover was the only state capital...