Record year for BMI

American collecting society BMI, which handles performing rights for songwriters and music publishers, has announced that in its financial year that ended 30 June it generated record revenues of $977 million, distributing $840 million to its members. Confirming the latest record figures, BMI CEO Michael O'Neill told reporters: "We are extremely pleased with these results and are already hard at work trying to better them this year. BMI has a well-earned reputation as a trusted broker between the creative community and businesses that perform music to enhance their customer experience".