BMI and the Radio Music License Committee have set an interim licensing rate that will apply while the two parties continue negotiating a final rate. Judge Louis Stanton, who presides over BMI’s Federal Rate Court in the Southern District of New York, set the interim amount.[read more]
ASCAP announced a new five-year agreement with the Radio Music License Committee. This deal sets the public performance fee rates to be paid by commercial terrestrial radio stations for the rights to play ASCAP’s repertory across the years 2017-2021.[read more]
The Radio Music Licensing Committee and performing rights organization SESAC have reached a settlement in the antitrust lawsuit filed by RMLC in 2012. The suit alleged that SESAC, which is privately owned and not subject to government oversight like ASCAP or BMI, had essentially monopolized the music it licenses.[read more]
The cost of content is a shared issue in terrestrial, webcast, and pureplay balance sheets. Music licensing costs come as a patchwork of statutory and negotiated agreements. Stakeholders on the music content side include composers, performers, and labels.
Three organizations represent licensing rights[read more]