Del Bryant, the president and CEO of BMI, has been in the headlines of late after megalabels Sony and EMI withdrew some of their catalogs from the performing-rights organizations. In an open letter to the industry, republished on MusicRow, Bryant delves more deeply into the whats and whys of it all.
Under the administrative agreement, BMI will distribute royalties to songwriters and publishers resulting from Sony/ATV and EMI’s negotiations. These agreements are BMI’s first entry into offering these types of administrative services and we believe this is one of many opportunities for our organization to provide additional value to our affiliates in today’s dynamic market.
POSTDATA: WARRANTY DEEDS