Broadcast Music Inc. (BMI), the music licensing agency that represents thousands of songwriters, has announced that it will sell to the private equity firm New Mountain Capital, The New York Times reports. Terms of the […]
With AI tracks debuting in droves, performance rights organizations (PROs) ASCAP and BMI have established “a joint task force” designed “to address suspicious registrations associated with musical works across the collective management ecosystem.” ASCAP (which […]
Photo Credit: Broadcast Music, Inc. A U.S. district judge has officially issued a ruling in a long-running rate dispute between the North American Concert Promoters Association (NACPA) and Broadcast Music, Inc. (BMI), which is touting […]
Photo Credit: Broadcast Music, Inc. Performance rights organization BMI is shifting to a for-profit model. Broadcast Music, Inc. (BMI) is switching to a for-profit business model, the company announced Wednesday morning to its staff via […]
Ellie Goulding gushed that it “means the world” to still be winning accolades after more than a decade in the music business upon receiving the BMI President’s Award. The ‘Still Falling For You’ hitmaker was […]
Photo Credit: BSC Photography / CC by 2.0 BMI announces record-breaking revenue and royalty distributions with an all-time high of $1.471 billion to songwriters, composers, and publishers — $136 million more than last year. BMI […]
Ellie Goulding is set to be honoured with the BMI President’s Award at the 2022 BMI London Awards. The ‘Easy Lover’ hitmaker is set to be recognised for her “contributions to the art of music […]
Ellie Goulding will receive the BMI President’s Award at the 2022 BMI London Awards. BMI officials announced on Thursday that the Love Me Like You Do singer will be honoured with the organisation’s President’s Award […]
About five months after enlisting Goldman Sachs to pursue “strategic opportunities” including a possible sale, Broadcast Music, Inc. is no longer on the market, higher-ups have confirmed. The performance rights organization’s unsuccessful effort to find […]
Busta Rhymes is set to be honoured with the BMI Icon Award at the 2022 BMI R’n’B/Hip-Hop Awards on September 7. The hip-hop legend has been announced as the recipient of the prestigious accolade and […]
Busta Rhymes is to be honoured with the Icon Award at the 2022 BMI R&B/Hip-Hop Awards. The Break Ya Neck rapper will be presented with the prize, which recognises songwriters, composers or producers who have […]
The Radio Music License Committee (RMLC) has officially filed a petition against performing rights organizations (PROs) ASCAP and BMI “for the determination of reasonable final license fees.” The Radio Music License Committee – which settled […]
Shared from www.digitalmusicnews.com. Photo Credit: Jordan Merrick BMI has hired Goldman Sachs to consult on potential growth opportunities for its business as one of the US’s largest performance rights organizations (PRO). In a letter obtained […]