{"id":98257,"date":"2021-01-17T09:41:11","date_gmt":"2021-01-17T09:41:11","guid":{"rendered":"https:\/\/www.musicbusinessworldwide.com\/?post_type=companies&#038;p=98257"},"modified":"2021-02-04T16:57:42","modified_gmt":"2021-02-04T16:57:42","slug":"broadcast-music-inc-bmi","status":"publish","type":"companies","link":"https:\/\/www.musicbusinessworldwide.com\/companies\/broadcast-music-inc-bmi\/","title":{"rendered":"Broadcast Music, Inc (BMI)"},"content":{"rendered":"<p>Broadcast Music, Inc. (BMI) is a US-based collection society and music licensing organization.<\/p>\n<p>It represents the public performance rights in over 17 million musical works created and owned by more than 1.1 million songwriters, composers, and music publishers.<\/p>\n<p>A not-for-profit PRO, BMI is the US-based competitor to fellow collection society, ASCAP.<\/p>\n<p>Founded in 1939, today BMI is led by its CEO, Michael O&#8217;Neill.<\/p>\n<hr \/>\n<h6>Financials<\/h6>\n<p>BMI saw a record $1.196 billion distributed and administered to its songwriters and publishers <a href=\"https:\/\/www.musicbusinessworldwide.com\/bmi-claims-highest-royalty-distributions-of-any-music-rights-org-as-it-pays-out-1-196bn-to-songwriters-and-publishers\/\" target=\"_blank\" rel=\"noopener\">in the year ending June 30, 2019.<\/a><\/p>\n<p>BMI&#8217;s total revenues in the same 12 month period stood at $1.283 billion, up 7% year-on-year.<\/p>\n<p>The org said at the time that the $1.196 billion represented the &#8220;\u2018highest royalty distributions of any music rights organization in the world\u2019 .<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Collection society BMI is headquartered in New York<\/p>\n","protected":false},"featured_media":62482,"parent":0,"menu_order":0,"template":"","class_list":["post-98257","companies","type-companies","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/companies\/98257","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/companies"}],"about":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/types\/companies"}],"version-history":[{"count":0,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/companies\/98257\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media\/62482"}],"wp:attachment":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media?parent=98257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}