BMI Settles With Radio Stations to Resolve License Litigation: ‘Historic Rate Increase’

BMI Settles With Radio Stations to Resolve License Litigation: ‘Historic Rate Increase’

BMI and the Radio Music License Committee have reached a settlement to resolve three years of litigation over the licensing rates that will be paid by nearly 9000 radio stations to songwriters and publishers – a deal that BMI is calling “a historic rate increase.” According to court filings, the new deal will see rates paid by radio stations jump from 1.78 percent of revenue under the old agreement to 2.14 percent, then slowly increase to 2.20…

BMI & The RMLC Settle Rate Court Proceedings

BMI and the Radio Music License Committee (RMLC) have announced a settlement of their rate court [...] The post BMI & The RMLC Settle Rate Court Proceedings appeared first on MusicRow.com.

Performance rights organization BMI and a group representing radio broadcasters settle a dispute over royalty rates paid to artists and songwriters on US radio

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BMI secures ‘largest rate increase ever’ for radio royalties in US

BMI has reached a settlement for the 2022-2026 radio licensing period, calling it a 'historic' deal Source

BMI & ASCAP Reach Settlements With RMLC

• BMI and the Radio Music License Committee (RMLC) announced a settlement of their rate court proceeding. The new agreement, which is retroactive to January 1, 2022, “represents a historic rate increase for BMI that reflects the company’s superior market share in the radio industry,” so states the press release. “BMI sought a rate that reflected our market-leading share of the music performed on radio stations across the country, and I’m pleased…

BMI, RMLC Settle Court Rate Proceeding | Radio & Television Business Report

Updated at 9:30am Pacific A settlement of a rate court proceeding between BMI and the Radio Music License Committee (RMLC) has been reached, the organizations announced on Tuesday morning. The new agreement, which is retroactive to January 1, 2022, represents what the groups call “a historic rate increase for BMI that reflects the company’s superior market share in the radio industry.” BMI, asked by RBR+TVBR about specifics on the rate, declined…