Broadcast Music, Inc (BMI) In The News

After partnering with Warner last year, pre-cleared music for games platform STYNGR inks licensing deal with ICE Services

STYNGR offers pre-cleared music for games and the metaverse

Milk & Honey and Reservoir’s Award Season party draws top artists, songwriters, and executives in Los Angeles

Top music creators, executives, and entrepreneurs attend packed party in Hollywood

Spotify to slash over 500 jobs worldwide, as Dawn Ostroff exits streaming platform

Alex Norström, currently Chief Freemium Business Officer, and Gustav Söderström, currently Chief Research & Development Officer, upped to co-Presidents

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Spotify rival Anghami reduces headcount by 22% as part of ‘sustained focus on profitability’

MENA-focused service has published its preliminary Q3 results

Analysis News

From TikTok parent’s music streaming plans to Latin Music’s $510m US revenues in H1… it’s MBW’s Weekly Round-Up

Our biggest stories of the week, brought to you in association with Centtrip

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After scrapping sale plans, BMI transitions to a for-profit business model

'Our move to for-profit gives us more financial flexibility and makes us nimbler to do what we need to do,' says BMI President & CEO Mike O’Neill

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Kebu Commissiong, Carlos Escalona Cruz, Matt DuFour and Lou Plaia named A&R Directors at Sentric

New hires follow Sentric’s move into North America

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BMI paid out nearly $1.5 billion to songwriters and publishers in the past year, up 10% YoY

Overall revenue (collections) jumped 16%, or by $212 million, to $1.57 billion, the company said Tuesday (September 13).