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BMI to Challenge 100% Licensing in Federal Court

BMINew York, NY -- ASCAP and BMI, the country's two leading performing rights organizations (PROs) collectively representing more than one million songwriters, composers and music publishers, have joined forces to fight the Department of Justice's (DOJ) recent interpretation of their respective consent decrees and to push for consent decree reform. United in their belief that the DOJ's decision to mandate 100% licensing will cause unnecessary chaos in the marketplace and place unfair financial burdens and creative constraints on songwriters and composers, the two organizations are pursuing a joint campaign: BMI through litigation and ASCAP through legislative reform.

BMI Distributes Historic 75-Year High of $840 Million on $1 Billion Revenues

BMINew York, NY -- Broadcast Music, Inc® (BMI®), the global leader in music rights management, today reported that it had achieved the highest revenues and royalty distributions in the Company’s 75-year history for its fiscal year ended June 30th. BMI generated record revenues of $977 million, and distributed and administered more than $840 million to its songwriters, composers and music publishers. These results cap a ten-year period during which BMI has generated more than $8 billion in revenues and distributed royalties of more than $7.5 billion. BMI operates on a non-profit-making basis and returns more than 85% of all revenue to the musical creators and copyright owners it represents.

BMI Wins Pandora Rate Court Battle

BMIIn a victorious ruling for all BMI-affiliated songwriters, composers and music publishers, Broadcast Music, Inc. received a favorable decision from a New York Rate Court after a lengthy legal battle over the value of the BMI repertoire to the Pandora digital music service.

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