{"id":958,"date":"2011-09-24T10:25:43","date_gmt":"2011-09-24T10:25:43","guid":{"rendered":"http:\/\/skylight.gr\/administrator_wordpress\/index.php\/2011\/09\/24\/broadcast-music-inc-bmi-reports-increased-revenues-for-fy-2011\/"},"modified":"2011-09-24T10:25:43","modified_gmt":"2011-09-24T10:25:43","slug":"broadcast-music-inc-bmi-reports-increased-revenues-for-fy-2011","status":"publish","type":"post","link":"https:\/\/skylight.gr\/index.php\/2011\/09\/24\/broadcast-music-inc-bmi-reports-increased-revenues-for-fy-2011\/","title":{"rendered":"Broadcast Music, Inc. (BMI) Reports Increased Revenues For FY 2011"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.bmi.com\/images\/app\/logo.gif\" border=\"0\" width=\"76\" height=\"69\" \/><br \/><span class=\"normal\">Broadcast Music, Inc. (BMI), the leading global  music rights management organization, today announced revenues in excess  of $931 million for its 2011 fiscal year ended June 30.  <!--more-->  This historic  high in revenues continues an unbroken record of year-over-year  increases stretching back more than 20 years. For the recently closed  fiscal year, BMI announced distributable royalties of $796 million for  the songwriters, composers and copyright owners it represents. The  company serves more than 650,000 licensed businesses and more than  500,000 songwriter, composer and music publisher members, making it the  world&#8217;s largest music rights organization.<\/p>\n<p> BMI President &amp; CEO Del Bryant said, &#8220;In addition to the strength of  our repertoire, a key factor in our ability to grow revenues despite a  challenging global economy is the enduring value of our core offering:  the blanket license. Securing unlimited public-performance rights to  BMI&#8217;s entire repertoire of more than 6.5 million works with one stable  agreement is as valuable for new media companies such as YouTube and  Spotify as it is for our radio, television, cable network and general  licensees.&#8221;<\/p>\n<p> Bryant pointed out that BMI manages the complexities of the global  rights marketplace for its songwriters, composers and music publishers  as well. The vast majority of musical creators and copyright owners that  BMI represents are self-managed, small businesses. They are an  important part of the financial engine at the heart of the American  economy. &#8220;The royalties that BMI distributes to thousands of writers and  publishers across America lend stability to a fast-changing industry  and tumultuous economy,&#8221; said Bryant.<\/span><\/p>\n<p>Source: BMI<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Broadcast Music, Inc. (BMI), the leading global music rights management organization, today announced revenues in&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[23],"tags":[],"class_list":["post-958","post","type-post","status-publish","format-standard","hentry","category-music-news"],"_links":{"self":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/958","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/comments?post=958"}],"version-history":[{"count":0,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/958\/revisions"}],"wp:attachment":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/media?parent=958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/categories?post=958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/tags?post=958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}