SESAC and the Radio Music License Committee (RMLC) have announced a new license agreement that sets the rates payable by the majority of America’s commercial terrestrial radio stations to publicly perform works in the SESAC repertory, effective Jan. 1 2019 through Dec. 31, 2022.
The agreement rolls forward rates and terms from the prior license, including a blanket license fee of 0.2557% of net revenue, and an all-talk rate of .0575% of revenue. As before, the agreement applies to stations’ over-the-air broadcasts, simulcast streams and HD signals.
The RMLC represents the vast majority of the nation’s radio stations, and SESAC represents more than 1 million songs and some 30,000 songwriters, composers and music publisher affiliates.
SESAC President and COO Kelli Turner said, “As a performing rights organization, we remain focused on bringing value to our songwriters and publishers—which has become increasingly important during these uncertain times. We appreciate the RMLC’s cooperation to once again reach an agreement that will enhance the livelihoods of the creative community.”
RMLC Chairman Ed Atsinger said, “We are pleased to carry forward the terms of the prior agreement with SESAC, which is an efficient path forward for both sides in a music licensing landscape that has become increasingly complex.”
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