Friday, 11 September 2015

BMI post record figures

US-based collection society BMI (Broadcast Music Inc.) has announced record-breaking revenue and royalty distributions for its latest fiscal year. Total revenues in the 12 months to end of June 2015 reached $1.013bn.  BMI distributed $877m in its fiscal year – or 86.6% of its total collections – a 4.5% increase on 2014.

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