As a result, smaller radio stations went practically bankrupt just so they could license under the ASCAP repertoire. However, the company had substantially increased the revenue share licensees were required to pay. The ASCAP (American Society of Composers, Authors, and Publishers) was the only reputable Performance Rights Organization in the United States. Artists didn’t receive the revenues they do now, and they’d rarely get paid for recordings and live performances. It was 1939, a time of the Great Depression. Their rise in fame and popularity is fascinating indeed. The History of BMI: How It Became the Biggest PRO in the United StatesīMI is a non-profit organization that was founded in 1939 by a group of radio industry leaders. PROs then distribute royalties based on several factors, including the number of plays, the time of day the song was performed, and more. ![]() These platforms pay a blanket license to play all the music listed on the PRO’s catalog. In other words, PROs make sure songwriters and publishers get performance royalties when their song is played publicly on TV, a digital streaming platform, the radio, or a live venue. These organizations then pay the artist the revenue they collected. Its primary purpose is to track and collect performance royalties from individuals and businesses that use an artist’s music for commercial purposes. Performance Rights Organizations (PROs), also known as Performing Rights Societies, are companies that provide intermediary functions to songwriters and publishers. What Is a Performance Rights Organization, Anyway? They collect license fees from businesses on behalf of songwriters, composers, and performers that use their music.Ĭurrently, BMI represents well-known individual artists such as Taylor Swift, Rihanna, Lil Wayne, Ed Sheeran, and bands like Maroon 5, Twenty One Pilots, Fifth Harmony, and more. Should You Join BMI Music? What Is BMI Music?īMI, also known as Broadcast Music Inc, is among the biggest performing right organizations in the US, right up there with ASCAP and SESAC.
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