Broadcast Music, Inc. ( BMI ) is one of three US copyright organizations, along with the American Society of Composers, Authors and Publishers, and SESAC. She collects licensing fees from performers and broadcasters on behalf of songwriters, composers and music publishers and distributes them to those members whose works have been performed. In fiscal 2015, BMI raised over $ 1.013 billion in royalties and distributed about $ 877 million [2] .
| Broadcast Music, Inc. | |
|---|---|
 | |
| Type of | Public company |
| Base | 1916 |
| Location |  USA : New York |
| Key figures | Michael O'Neill (President) [1] |
| Industry | music business |
| Website | bmi.com |
Compiled by BMI, composers create music in many genres, ranging from pop mainstream, death metal and hip hop. The company represents artists such as Selena , Demi Lovato , Fifth Harmony , Lil Wayne , Birdman , Mariah Carey , Lady Gaga , Taylor Swift , Eminem , Rihanna and Shakira ; such diverse groups as Maroon 5 , Evanescence , Nickelback from and Linkin Park ; Sam Cook , Willie Nelson , Fats Domino and Dolly Parton ; as well as composers such as Harry Gregson-Williams , John Williams and Danny Elfman and composers Richard and Robert Sherman. Broadcast Music, Inc. also presents Michael Jackson 's music catalog and the Sony / ATV music publishing house, as well as other major music catalogs. [3]
Company Address: 320 West 57th Street, New York, NY 10019, USA
Content
- 1 History
- 2 Business
- 3 Awards
- 4 Literature
- 5 notes
History
A musical work can bring authors the following five types of income: 1) income from live performance; 2) income from sales of notes; 3) income for the right to record on CD, DVD discs and tapes; 4) income from the use of the work as background music; 5) income from performing music in films, television programs, commercials or on video.
In the 1930s, radio was the main source for broadcasting music and entertainment programs that threatened to reduce the income from the sale of records and the income from live performances by musicians. The American Society of Composers, Authors, and Publishers began to create licensing agencies, forcing radio stations to acquire licenses, giving a certain fixed percentage to the authors of the income of each station, regardless of how much music was broadcast by them. In 1939, agencies substantially increased the share of revenue for licensees. Broadcast Music, Inc. was founded by the National Association of Broadcasters as an inexpensive alternative to agencies, [4] creating competition in the field of executive rights and providing an alternative source of licensing for all users. By the end of 1940, some 650 licensing agreements were signed with Broadcast Music, Inc.
The overwhelming majority of American radio stations and radio networks by 1941 refused to extend agreements with specialized agencies and relied entirely on Broadcast Music, Inc. In February 1941, Broadcast Music, Inc. and the Ministry of Justice entered into an agreement requiring certain changes to the company's business model. This concerned the need to pay only for the music that they actually used, and did not buy the full range of services. [5]
Broadcast Music, Inc. He also acquired the rights to numerous catalogs that were issued by independent publishers and whose contracts expired soon. To attract new authors, the company offered songwriters and publishers a fixed fee for their work based on their productivity. Thus Broadcast Music, Inc. became the first musician copyright organization in the United States. The company represented the interests of musicians, performers and authors of such musical directions as blues , jazz , rhythm and blues , folk , latino , rock and roll . During the 1940s and 1950s, the company was the country's main licensing organization for music artists. later the company expanded its activities and repertoire of classical music . She currently represents the majority of the [6] members of the prestigious American Academy of Arts and the winners of the 31 [7] Pulitzer Prize for outstanding musical work .
Business
Broadcast Music, Inc. Grants licenses to users of musical works (performance, broadcast, reproduction), including:
- Television, radio stations, Internet networks;
- New media entities, including the Internet, mobile technologies such as podcasts , ringtones ;
- Satellite audio services;
- Night clubs, discotheques, hotels, bars and restaurants;
- Symphony orchestras, concert groups, classical and chamber music ensembles;
- Owners of digital jukeboxes ;
- Performers at live concerts.
Broadcast Music, Inc. monitors public performances of about 10.5 million musical works, collects and distributes licensing income for these performances. Her activities cover about 700 thousand songwriters, composers and music publishers. [8] BMI has offices in Atlanta, London, Los Angeles, Miami, Nashville, New York, and Puerto Rico.
Rewards
Broadcast Music, Inc. annually awards prizes to songwriters, composers and music publishers, creators of the most performed song. Award ceremonies are held in the countries of the Latin Prize, Europe, USA. [9]
Literature
“50th Anniversary of Broadcast Music, Inc. Story. The explosion of American music: 1940-1990. " Ser. Business in the 20th Century, New York: Oxford University Press, 1991.
Notes
- ↑ BMI CEO Michael O'Neill Adds Title of President . BMI Date of treatment October 14, 2014.
- ↑ BMI Reports Record-Breaking Revenues of Over $ 1 Billion . BMI Date of treatment September 10, 2013.
- ↑ Michael Jackson . Billboard .
- ↑ Taishoff, Sol. NAB Creates $ 1,500,000 Music Project (Neopr.) // Broadcasting. - 1939. - 15 September ( t. 17 , No. 6 ). - S. 9 .
- ↑ The dispute between ASCAP and the radio industry is the subject of major articles in every issue of Broadcasting from mid-1939 through early 1941.
- ↑ BMI Members of the American Academy of Arts and Letters . BMI BMI Date of appeal September 15, 2015.
- ↑ BMI Pulitzer Prize Winners . BMI BMI Date of appeal September 15, 2015.
- ↑ BMI Fast Facts (PDF). BMI Archived February 26, 2015.
- ↑ BMI Awards website