I worked as a licensing executive for BMI back in 2001. As I recall, at the time BMI, ASCPA and SESAC all together collected only about $4 billion dollars.
Pretty small numbers when you consider that this money has to be divied up to all songwriters and publishers across the entire wolrd.
THE MORE TELLING number is how much BMI keeps for themselves. THIS WILL SHOCK YOU................probably disappoint you, too.
At the time I worked for them, BMI returned something like 92% of EVERYTHING they collected to the songwriters and publishers. Pretty impressive that they can pay rent, utilities, lawyers, staff, advertizing and salaries, on a slim 8% of what they collect.
Remember, these Performance Rights Organizations (BMI, ASCAP, SESAC) are Not-For-Profit organizations.
pass go as much as possible,do not land in jail as much as possible, collect as much property,buy hotels & collect as much money as possible. Bankrupt your opponents and COLLECT your bail out money. JUST like REAL LIFE.
about 4,000.50 a year
55
2.16 trillion
The mission Of Exxon is to collect as much money and power as it possibly can.
$200
That depends on how many people enter, collect pledges, or donate money.
they collect less than 2 dollars then on sunday than saturday
Obviously not enough to balance the budget.
Roughly 3 trillion from all sources.
Joining Broadcast Music, Inc. (BMI) as a songwriter or composer is free. However, if you are a music publisher, there is an initial fee of $250 to register. Additionally, BMI may take a percentage of royalties generated from the works you register, but there are no upfront costs for individual songwriters or composers.
A BMI of 70 would be beyond obese. Frankly, it would be on the verge of death pretty much.