BMI Members to Receive $100M Bonus From New Mountain Sale. How Will It Be Split?
The payout leaves recipients happy but confused as they try to figure out how the bonuses were determined.
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Read more: BMI Members to Receive $100M Bonus From New Mountain Sale. How Will It Be Split? -
ASCAP Touts Record Results, the AI ‘Threat’ and Differences With Its For-Profit Rival at Annual Meeting
Read more: ASCAP Touts Record Results, the AI ‘Threat’ and Differences With Its For-Profit Rival at Annual Meeting“Without songwriters, there is no art in artificial intelligence,” says ASCAP CEO Elizabeth Matthews.
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ASCAP Reports Record Collections, Distribution While Casting Shade on For-Profit Competitors
Read more: ASCAP Reports Record Collections, Distribution While Casting Shade on For-Profit CompetitorsThe performance rights organization reported a 14.7% increase in songwriter and publisher payouts to $1.592 billion in 2023.
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Which Songwriters Will Benefit From the BMI Sale?
Read more: Which Songwriters Will Benefit From the BMI Sale?The question isn’t so much about whether this will be good for creators — but, rather, which ones.
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BMI Sale to New Mountain Capital Is Now Complete
Read more: BMI Sale to New Mountain Capital Is Now CompletePresident and CEO Mike O’Neill will continue to lead the PRO.
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BMI Sale to New Mountain Capital Is Now Complete
Read more: BMI Sale to New Mountain Capital Is Now CompletePresident and CEO Mike O’Neill will continue to lead the PRO.
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Billboard Global Music Index, bmi, Business, Business News, iheartmedia, Music Stocks, stocks, Tech Industry, Tech News
iHeartMedia Shares Pop on BMI Sale News, Music Stocks Mixed Overall as Markets Reach 2023 Highs
Read more: iHeartMedia Shares Pop on BMI Sale News, Music Stocks Mixed Overall as Markets Reach 2023 HighsThe Billboard Global Music Index dropped 0.2% to 1,449.08, bringing its year-to-date gain to 24.1%.
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BMI Is Selling: What This Means for Songwriters (Guest Column)
Read more: BMI Is Selling: What This Means for Songwriters (Guest Column)Six questions for any BMI member concerned about the pending sale.
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ASCAP, bmi, Business, New Mountain Capital, Private Equity, pro, Publishing, Tech Industry, Tech News
BMI Sells to New Mountain Capital
Read more: BMI Sells to New Mountain CapitalTalks of the performance rights organization’s possible sale to New Mountain Capital were first reported in August.
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bmi, Business, Finance, performance rights, Publishing, Royalties, songwriters, Tech Industry, Tech News
BMI Releases First Earnings Report After For-Profit Switch — And There’s Not Much Financial Info in It
Read more: BMI Releases First Earnings Report After For-Profit Switch — And There’s Not Much Financial Info in ItThe performance rights organization said its new-model goal is to distribute 85% of the licensing revenue it collects to songwriters and publishers.
