NBC Evening News for Friday, Aug 31, 1973
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(Studio) "Los Angeles Times" reports federal grand jury to begin record industry investigation soon. Story denied by United States attorney's office in Los Angeles, California. Newark, New Jersey, probe into record industry well known.
REPORTER: John Chancellor
(No location given) Led Zeppelin rock group, product of million dollar music business, allows lifestyle to be filmed and reported Performers, agents, mgrs. and sometimes mobsters and pushers cash in on music gold mine. [RCA records Tom COSSIE - describes advertising campaign to make possible star performer real music idol. Ex.: David Bowie.] Payola, drugs, and Mafia backing in music industry all created to get records out in public.
REPORTER: Betty Rollin
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