BMI President & CEO Mike O’Neill’s Contract Extended Through 2029
The BMI Board of Directors have extended President & CEO Mike O’Neill‘s contract through Dec. 31, 2029.
“Under Mike O’Neill’s leadership, BMI has grown into the most successful performing rights organization in the business,” says Pete Masucci, Managing Director, New Mountain Capital and Chair of the BMI Board. “With Mike’s ongoing guidance, BMI will continue to deliver on its commitment to modernize its infrastructure, invest in new technology and services and grow the value of its songwriters, composers and publishers’ music. Our decision to grant this extension demonstrates the confidence we have in Mike and the BMI team as they continue to innovate on behalf of the music creators they represent and ensure their ability to thrive in a changing industry.”
A 30 year veteran of BMI, O’Neill has also spent time on the company’s creative team, as well as Domestic Licensing and revenue generation before being named CEO in September 2013. Prior to joining BMI, he served as Director, Group and National Accounts for CBS-TV Network. He also held the roles of Vice President, Media Licensing and Administration and Senior Vice President, Sales Administration, Licensing and Repertoire during his time at CBS-TV network.
Over the past year, O’Neill has lead a slew of programs that back BMI’s mission to protect and grow the value of its roster’s music. The initiatives include increasing distributions for BMI songwriters, composers and publishers by 13%, expanding staff to support the company’s service upgrades, and investing in BMI’s technology to improve its product development and services.
Under O’Neill, BMI has also launched new online dashboards that provide songwriters and composers with insight and transparency into their royalty payments, created a new call center for customer service and collaborated with Music Nation to establish a licensing infrastructure in the UAE. O’Neill also assisted in the hiring of three executives for the roles of Chief Financial Officer, Chief Technology Officer and the newly created role of Chief Transformation Officer.
“I have never been more optimistic about the future of BMI, and there are only greater things ahead,” adds O’Neill. “BMI’s mission to drive value for our affiliates, increase our distributions and ensure the long-term success of our family of songwriters, composers and publishers continues at full speed. I am delighted the BMI Board and NMC have the confidence in me and the incredible BMI team as we continue to work on behalf of our affiliates and licensing partners, invest in our company and position BMI for continued growth.”
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