Broadcast Music, Inc (BMI) In The News

ASCAP’s revenues grew by just $8m in 2021, and couldn’t catch BMI’s annual collections

PRO blames fall in international collections on "business closures and the lack of vaccinations" in certain non-US territories

CISAC: ‘Each individual society should decide on whether to maintain their business relationships with Russian societies.’

CISAC clarifies position on RAO

Kobalt and Downtown cut ties with Russia; Believe continues to operate in market but is ‘monitoring the situation very closely’

Will CISAC suspend Russian PRO from its global membership?

Why are hedge funds urging songwriters to sell their catalogs right now? Think about it.

Randall Wixen explains his skepticism over Big Finance's keenness to buy music rights in 2022

Sony Music Group suspends operations in Russia

'Sony Music Group calls for peace in Ukraine and an end to the violence.'

BMI hires Goldman Sachs to ‘explore strategic opportunities’. Could it end up selling?

Other possibilities might include expanding into sync, or even acquiring rights

UK collection society PRS cuts ties with Russian counterpart. But why is it having to act alone?

PRS for Music has formally suspended its rights representation relationship with Russia's RAO

Even without AWAL, Kobalt Music Group is a $600m+ annual business… and comfortably profitable

Company posted first ever full year of EBITDA profitability in FY2021