Music Licensing Giant BMI Sells to Private Equity Firm. Broadcast Music Inc., one of the major performing rights organizations in the United States, collected $1.57 billion and distributed $1.47 ...

BMI (for Broadcast Music, Inc.) was born 14 years ago when radio broadcasters decided that the venerable ASCAP (for American Society of Composers, Authors and Publishers demanded too much in ...

Broadcast Music Inc., one of the major performing rights organizations in the United States, collected $1.57 billion and distributed $1.47 billion for its 2022 fiscal year.