Home Login RADIO ONLINE RSS Facebook
Advertisement

BMI, RMLC Reach Settlement with Historic Rate Increase


Broadcast Music Inc. (BMI)
Broadcast Music Inc. (BMI)

Broadcast Music Inc. (BMI) and the Radio Music License Committee (RMLC) have reached a settlement in their long-running rate court proceeding, the two organizations announced today. The new agreement, which is retroactive to January 1, 2022, delivers what BMI described as the largest rate increase it has ever secured from the radio industry.

The deal reflects BMI's market-leading share of music performed on U.S. radio stations and ensures higher royalty payments for songwriters.

"BMI sought a rate that reflected our market-leading share of the music performed on radio stations across the country, and I'm pleased to say we achieved our largest rate increase ever for the radio industry," said Mike O'Neill, President & CEO of BMI. "This new deal ensures BMI's songwriters will be more fairly compensated for the performance of their music on this incredibly important platform. Negotiation is always better than litigation, and we're pleased to have worked together with the RMLC to achieve this outcome."

On behalf of radio broadcasters, RMLC Chairman Ed Atsinger emphasized that the agreement provides stability while avoiding prolonged litigation. "We are pleased to have reached an amicable agreement with BMI, which is indicative of how strongly the radio industry values its partnerships with songwriters. Furthermore, we feel that this agreement provides the radio industry with the ability to plan for the long-term while avoiding substantial litigation costs and uncertainties associated with the rate court process."

The settlement marks the resolution of a contentious negotiation process, establishing new royalty terms for U.S. radio broadcasters and BMI-affiliated songwriters and publishers.

Advertisement

Latest Radio Stories

Cumulus Media Adopts Xperi's AutoStage Analytics
Cumulus Media and Xperi
Cumulus Media and Xperi
Cumulus Media has become the first commercial broadcaster to license Xperi's AutoStage Broadcaster Portal Premium, a new audience intelligence platform that provides near-census-level insights into in-car radio listening. The agreement makes Cumulus the launch partner for the next-generation analytics More

Connoisseur Media Expands Weekend Syndication Lineup
Robby's Top 20 Countdown and She's Country
Robby's Top 20 Countdown and She's Country
Connoisseur Media is expanding its syndicated programming lineup through its partnership with Compass Media Networks, adding two original weekend shows to its national distribution portfolio: "Robby's Top 20 Countdown" and "She's Country." The move builds on the companies' existing relationship, which More

Nielsen: Audio Still Dominates Podcast Consumption
Nielsen
Nielsen
Audio remains the primary way consumers engage with podcasts despite the rapid growth of video-enabled platforms, according to Nielsen's new report, Lean In vs. Lean Back: Profiling the Podcast Listener and Viewer. The report finds that 90% of monthly podcast consumers listen to More
Advertisement

Report: Howard Stern Cuts Staff, Show Schedule
Howard Stern
Howard Stern
Howard Stern has reportedly laid off about a dozen staff members as he prepares to reduce his SiriusXM schedule to one new show per week beginning after Labor Day. According to a report by Page Six, staffers were notified during a Zoom meeting on Monday that the longtime host will scale back from his More

Infotainment Systems Fuel Digital Audio Growth
Edison Research at SSRS
Edison Research at SSRS
The growing adoption of in-car infotainment systems is accelerating digital audio listening, according to new data from Edison Research's Share of Ear study. The report shows ownership of infotainment platforms such as Android Auto and Apple CarPlay has more than doubled since 2019, rising from 18% of More

Beasley Promotes Roldan to Tech Leadership Role
Jose Alberto Roldan
Jose Alberto Roldan
Beasley Media Group has promoted Jose Alberto Roldan to the newly created position of Head of Technology and Infrastructure. In the role, Roldan will oversee the company's technology strategy, information technology operations, infrastructure, cybersecurity and enterprise systems while continuing to lead More

Return to Menu

Advertisement

Subscribe to our Newsletter
Radio news and headlines delivered right to your e-mail box -- and it's free.

Advertisement

Advertisement