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Broadcast Music Incorporated

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.

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