Answer:
That statement is False
Step-by-step explanation:
Payola is the act of playing a sponsored song on radio station or television programs without disclosing that the publisher of that song is paying them to play it for marketing purposes.
Even until now, the practice of payola is still illegal and carried out punishment of $10,000 in fine or 1 year in jail. But, since it is really hard to proof under the table payment for this kind of things, it is believed that this practice still run rampant in music industries.