Remember the old days of radio payola? Or heck, even the
more recent days of radio payola? To this day, people still question on a regular basis the legitimacy of the songs they hear on the radio. Having worked in the radio business for a number of years, I can't say I've personally seen it happen, but heard the skeptics on a regular basis. While I haven't heard the same type of criticism and cynicism aimed towards bloggers, the Federal Trade Commission nonetheless have taken major steps towards curbing blogger Payola.
Is it too late for me to tell you how AMAZING the Sham-Wow is? I'll be right back, right after I...make a deposit :P
All jokes aside, Ad Age does a pretty good job outlining the consequences and reasoning for the Federal Trade Commission to crack down on bloggers getting paid to say nice things about products or services without full disclosure. At $11,000 per violation, that's a whole lot of money to lose as an individual blogger. However, is that enough to curb a major corporation from rolling the dice?
Nevertheless, I think it's a good move on the FTC is taking steps to curbing such shady tactics online.
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