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The BMI sale: A News Roundup

September 1, 2023

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News

The BMI sale: A News Roundup

“As songwriters, our work is BMI’s chief supply. It is critical that we all, regardless of performance rights organization affiliation, take note of this potential sale. We are asking leadership for transparency and open dialogue throughout this process and assurances that BMI will prioritize ALL of its songwriter members.” –Erin McAnally, SONA Vice-Chair and BMI Songwriter/ Publisher


SONGWRITERS ARE WORRIED ABOUT BMI’S PRIVATE EQUITY SALE – AND IF IT WILL HURT THEIR ROYALTIES. WHAT HAPPENS NOW?

This article from Music Business Worldwide discusses the concerns of songwriters regarding the potential sale of BMI (Broadcast Music, Inc.), a major performing rights organization, and its implications. A coalition of songwriters, including SONA, signed a letter asking how a sale could impact the transparency, independence, and fair distribution of royalties, raising questions about the future landscape of music royalties. The letter was signed by Artist Rights Alliance, the Black Music Action Coalition, the Music Artists Coalition, Songwriters of North America, and SAG-AFTRA.


APPROACHES TO BMI SALE

Dive into this article discussing the various takes on BMI’s potential sale, revealing how it might spin the music industry around. Join the musical chairs game of industry insights and perspectives, from the Music Technology Policy blog.


SONGWRITER GROUPS ARE ‘EXTREMELY DISAPPOINTED,’ STILL WANT ANSWERS ABOUT BMI’S PLANS TO SELL

This article highlights how our songwriters coalition, including SONA, responded to BMI’s letter back, demanding more insights from BMI’s CEO Mike O’Neill.

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