BMI Revenue Crosses $1 Billion Mark

bmi-logo1111featuredBroadcast Music, Inc.’s revenue and royalty distributions hit an all-time high in the fiscal year ended June 30. BMI generated total revenues of $1.013 billion, and distributed and administered $877 million to its affiliates. This was its largest distribution ever, and a nearly 4.5 percent increase over last year.

BMI operates on a non-profit-making basis and returns approximately 87 percent of all revenue to the musical creators and copyright owners it represents.

BMI’s digital revenue exceeded $100 million, up 65 percent over last year, with earnings from Amazon, Apple, Netflix, Pandora, Spotify, YouTube, and many others. According to BMI, it is the first U.S. PRO to reach the $100 million digital revenue milestone.

BMI processed more than 500 billion digital performances, a 25 percent increase from last year. More than 1.2 million unique musical works were identified across the various digital services.

In total, the organization processed nearly 600 billion performances.

Revenue from all media licensing, including radio, television and cable and satellite entertainment, also saw record levels at $484 million.

Additionally, general licensing revenue, including license fees from bars, hotels, fitness facilities and restaurants, achieved a record high of $137 million.

International revenues came in at a strong $292 million, but were down 5 percent in USD from last year.

“These are phenomenal results for BMI and underscore the value we bring to our community of songwriters, composers and publishers,” said Mike O’Neill, President and CEO, BMI. “They’re even more impressive when you consider the negative impact to our international revenues brought on by the strengthening dollar,” he added. “We will continue to work hard on behalf of the more than 700,000 affiliates we have the privilege to represent, not only to make sure they can continue to earn a living doing what they love, but also through our ongoing efforts with Congress and the U.S. Department of Justice to rewrite the rules so they make sense for today’s digital world.”

Now in its 75th year, BMI represents the public performance rights in more than 10.5 million musical works created and owned by more than 700,000 songwriters, composers, and music publishers.

Sony/ATV’s Martin Bandier: 100 Percent Licensing Could Be Detrimental

Martin Bandier

Martin Bandier

For the first time, Sony/ATV Music Publishing Chairman and CEO Martin Bandier is publicly discussing the Department of Justice’s ongoing review of the ASCAP and BMI consent decrees.

He sent this letter to Sony/ATV’s Nashville songwriters to emphasize the importance of the National Music Publishers Association (NMPA) Town Hall meeting being held in Nashville today (Sept. 9). The event is to inform and update songwriters about issues currently being considered in Washington.

To our Nashville-based songwriters:

As you know we are in the midst of a complex and lengthy process to address the issue of the below market royalty rates that our songwriters are subject to in the rapidly growing streaming music market. I am personally spending a great deal of my time dealing with this matter and Sony/ATV has been and remains at the forefront of efforts to ensure that you are fairly compensated for your essential contributions to streaming services.

I am sure you will agree that there is nothing more important right now for songwriters than addressing this issue. That is why I am urging you to attend a Songwriter Town Hall meeting that the National Music Publishers Association (NMPA) is holding in Nashville on Sept. 9. The purpose of the meeting is to update you on changes that are currently being considered in Washington that if implemented will have a profound impact on long standing licensing practices and the royalties you earn from your songs.

As I have communicated to you previously, the Department of Justice (“DOJ”) has undertaken a review of the consent decrees that govern how ASCAP and BMI operate and how the royalty rates you are subject to are set. We have been deeply involved in the DOJ process for over a year, pursuing changes to these consent decrees which are more than 70 years old and were not designed for a music market that is becoming increasingly dominated by streaming services. While we remain hopeful for a positive outcome to the DOJ review, this process has taken an unexpected turn in recent weeks that, if not addressed, could have a significant impact on your earnings as well as restrict how you work creatively.

The DOJ is considering requiring ASCAP and BMI to engage in what is called 100% licensing. This is a complicated subject but it basically means that if either of these PROs controls any part of a song, no matter how small, they would be required to license the entire song without the approval of those who control the remainder. For example, you may have written a song with a writer affiliated with a different PRO. Under 100% licensing, a streaming service could bypass you and your PRO and go to your collaborator’s PRO to obtain a license for the entire song without your consent. You would then be subject to that PRO’s royalty rate, even if it is lower than your PRO’s rate, and you may have to depend on the other PRO, with which you have no relationship, to collect your share of royalties and account to you. This would substantially disrupt the well-established practice of licensees entering into agreements with each PRO representing whatever piece of a song they control and create significant accounting inefficiencies as PROs would have to pay royalties to songwriters not affiliated with them.

Under this scenario, songwriters might reconsider who they write with. Would you want to collaborate with someone signed to a different PRO if it meant you would be subject to a lower royalty rate? In addition, how would a writer whose song is licensed by a PRO that he or she is not affiliated with have any assurance that their royalties would be properly paid or paid at all?

These potential changes go to the heart of how performance rights have historically been licensed and how songwriters have always been paid. Requiring PROs to grant 100% licenses would be an unprecedented change to well-established licensing practices create widespread administrative confusion and potentially undermine a songwriter’s relationship with his or her chosen PRO.

This is why I am urging you to attend the NMPA event where I am sure you will gain a greater understanding of these complicated issues and learn how you can potentially help.

If you would like to discuss this issue further or have any questions following the meeting please don’t hesitate to contact us. I look forward to seeing you there.

Regards,

Martin Bandier
Chairman & CEO
Sony/ATV Music Publishing

Daphne Willis Signs Co-Publishing Agreement with Sony/ATV and Whizbang, Inc.

Pictured (l-r, front row): Whizbang's Jennifer Wolczyk and Jim Scherer, Daphne Willis, and Sony ATV's Mark Abramowitz and Hannah Williams; (back row) Sony ATV's Ed Williams, ASCAP's Evyn Mustoe and Leavens, Strand & Glover, LLC's Hillel Frankel.

Pictured (L-R, front row): Whizbang’s Jennifer Wolczyk and Jim Scherer, Daphne Willis, and Sony/ATV’s Mark Abramowitz and Hannah Williams; (L-R, back row) Sony/ATV’s Ed Williams, ASCAP’s Evyn Mustoe and Leavens, Strand & Glover, LLC’s Hillel Frankel.

ASCAP songwriter Daphne Willis has signed a co-publishing agreement with Sony/ATV Music Publishing and Nashville-based Whizbang, Inc.

“I am beyond excited to join the Sony/ATV and Whizbang teams,” says Willis. “I couldn’t be more thankful to have had support from ASCAP, specifically their GPS Program, which put me in the right direction. Ready to kick some ass!”

Sony/ATV Manager of ​A&R/Creative, Mark Abramowitz​ added, “We are excited to play a role in developing Daphne’s career as both an artist and songwriter.​ Daphne is a great writer capable of impacting both the pop and country markets.”

Born in San Antonio to a classically trained vocalist and audio engineer, Willis began performing at open mic nights around Chicago while a student at DePaul University. She eventually started a band and began playing around 200 shows a year across the United States. She released her first full-length album, What To Say, in 2010 and her second album, Because I Can, in 2011. She currently resides in Nashville.

Joe Ginsberg Signs Worldwide Publishing Deal With BMG Nashville

Pictured L-R: Kevin Lane (BMG, Creative Director); Daniel Lee (BMG, Senior Creative Director; Joe Ginsberg; Kos Weaver (BMG, Executive Vice President); Sara Knabe (BMG, Senior Creative Director)

Pictured (L-R): Kevin Lane (BMG, Creative Director); Daniel Lee (BMG, Senior Creative Director; Joe Ginsberg; Kos Weaver (BMG, Executive Vice President); Sara Knabe (BMG, Senior Creative Director).

Joe Ginsberg has signed a worldwide publishing agreement with BMG through the company’s Nashville office. Ginsberg co-wrote Miranda Lambert’s recent hit single “Little Red Wagon” and has also had success as a member of the Reprise Records recording group Single File.

Though based in Los Angeles, Ginsberg has been traveling regularly to Nashville this year building a strong network of local collaborators while he continues to write for and secure activity in multiple formats.

‘Uptown Funk’ and ‘Burning House’ Writer/Producer Signs With UMPG

Jeff Bhasker.

Jeff Bhasker

Santa Monica’s Universal Music Publishing Group (UMPG) has signed an exclusive, worldwide music publishing agreement with Grammy-winning producer/songwriter Jeff Bhasker, according to Jody Gerson, Chairman and CEO, UMPG.

Bhasker has co-written and produced some of the highest-selling and most-performed songs in recent years, including the global smash “Uptown Funk” by Mark Ronson feat. Bruno Mars. Under his label KRAVENWORKS, he co-wrote and produced country artist Cam‘s single “Burning House.”

“Jody Gerson has been instrumental in my songwriting career,” said Bhasker. “Her guidance and knowledge is second to none. I’m very excited to continue writing songs that unite, uplift and challenge convention with her at Universal Music Publishing.”

“It’s a thrill and an honor to continue working with Jeff and bring him to Universal,” said Gerson. “His music knows no boundaries and his talents are limitless.”

Bhasker’s credits also include the hits “We Are Young” by Fun., “Run This Town” by Jay-Z, “Locked Out of Heaven” by Bruno Mars, “Headlights” by Eminem, “All of the Lights” by Kanye West, “Just Give Me a Reason” by Pink, “Girl on Fire” by Alicia Keys, “Find Your Love” by Drake and many more.

Jeffrey Steele Opens Space In Online Songwriting Bootcamp

Jeffrey Steele's Songwriting Bootcamp 2.0.

Jeffrey Steele’s Songwriting Bootcamp 2.0.

Nashville Songwriting Hall of Famer Jeffrey Steele has opened registration for his online Songwriting Bootcamp 2.0 course that is slated to begin this fall.

The brand new curriculum incorporates three decades of industry experience in an eight-week intensive online course for songwriters and artists at all levels.

There are a limited number of spots available. Visit JeffreySteeleBootcamp.com for more information.

With over 60 million airplays of his songs, Steele is a two-time BMI Songwriter of the Year, three-time NSAI songwriter of the year, and has been nominated for four Grammys. Steele boasts over 500 cuts in an eight-year period. His hits include “My Wish,” “What Hurts The Most,” “My Town,” “She’d Give Anything,” “The Cowboy In Me,” “Meanwhile Back at Mama’s” and “Raise Em’ Up.” In addition to his songwriting and artistry, Steele is a multi-platinum producer of artists like Montgomery Gentry, Keith Anderson and John Waite. He founded his songwriting bootcamp in 2006 after speaking at various workshops across the country.

ole Enters Co-Publishing Deal with Songwriter, Producer Phil O’Donnell

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Pictured (back row, L-R): Gilles Godard (ole, VP Corporate Affairs and Development), Ben Strain (ole, Creative Director), Mike Whelan (ole, Sr. Director, Creative), and Shellien Kinsey (ole, Creative Coordinator). (Front row, L-R): John Ozier (ole, GM Creative) and songwriter/producer Phil O’Donnell.

ole has signed a worldwide co-publishing deal with songwriter and producer Phil O’Donnell. The deal covers current and future copyrights. O’Donnell penned the No. 1 hits “Doin’ What She Likes” (Blake Shelton), “Give It All We Got Tonight” (George Strait), and “Back When I Knew It All” (Montgomery Gentry), and also produced Craig Morgan‘s six-week No. 1 country hit, “That’s What I Love About Sunday.”

“ole is committed to expanding our catalog with the best songs and songwriters, and Phil is a certified hit-maker who knows what it takes to reach the top of the charts,” said John Ozier, GM of Nashville Creative at ole. “Having already written with and had songs recorded by a who’s who of country superstars, Phil will fit right in with ole’s world-class roster of songwriters and artists. We are looking forward to promoting his music globally.”

“ole has their finger on the pulse of the country music scene, and I’m excited to get to work with them and their stable of songwriters,” said O’Donnell. “There are some extremely talented musicians in the ole family, and I’m looking forward to sitting down with them and seeing what we can create.”

A native of Canada, O’Donnell made his first trip to Nashville in 1983 before developing his songwriting skills and relocating officially in 1994. O’Donnell also co-wrote Parmalee‘s current single, “Already Callin’ You Mine” and Easton Corbin‘s new single, “Yup.” Other cuts include “Love Remembers,” “I Got You” and “More Trucks Than Cars” by Craig Morgan; “Tougher Than Nails” by Joe Diffie, “Fore She Was Mama” and “She Won’t Be Lonely Long” by Clay Walker; “Sounds Like Life to Me” by Darryl Worley; and “He’s Mine” by Rodney Atkins.

O’Donnell’s production credits include releases by Craig Morgan, Josh Thompson, Keith Anderson, Matt Mason, Justin McBride, Chris Janson, Mark Wills, Tara Oram, Jason Blaine, High Valley, Steve Richard, and the Davisson Bros. Band.

ole Signs Co-Pub with Warner Music Canada Country Artist

Meghan Patrick

Meghan Patrick

ole has signed a worldwide co-publishing deal with rising Warner Music Canada country music artist Meghan Patrick. The agreement covers existing and future music copyrights from Patrick and augments her previous deal with ole and ole co-venture partner Jackoby Music.

“ole is committed to utilizing our world-class resources to ensure that Meghan gets the worldwide exposure that she deserves for her songs,” said John Ozier, GM of Nashville Creative at ole. “We have had tremendous success building the careers of artists such as Charlie Worsham and Josh Dorr.”

“Having had the opportunity to work with some amazing ole songwriters, I’ve seen firsthand the passion that ole has for songwriting and artistry, not to mention the Canadian country music scene,” said Patrick.

“We’re excited to expand our deal with ole and Meghan and are looking forward to great things for her,” said Jason Klein, co-founder of Jackoby Music and an entertainment attorney. “Meghan is a truly gifted songwriter, and with this additional support from ole, I am confident that she will achieve international success.”

Raised in Bowmanville, ON, Patrick was previously a member of the popular roots act The Stone Sparrows and, in 2013, won country radio station KX96’s Star Search competition as a solo act. She has written with a variety of major songwriters and recording artists, including Brian Howes, Ryan Stewart, Chantal Kreviazuk, Carly McKillip of One More Girl, Neil Sanderson of Three Days Grace, Johnny Reid, Patricia Conroy, Phil Barton, and Jesse Labelle as well as current ole songwriters Marty Dodson, Bruce Wallace, Matt Rogers, Jason Massey, Sam Grow, and Frank Myers. Patrick also performed at the closing ceremonies of the 2015 Parapan Am Games. She is scheduled to perform various shows during CCMA Country Music Week next week. Patrick is represented worldwide by Ralph James and Nick Meinema of United Talent Agency.

 

SESAC’s Simon Reid Signs With Diamond Eye Music

Pictured (left to right):  Diamond Eye Music’s Callie Benjamin and Chris Burch, SESAC’s Shannan Hatch, Reid and Diamond Eye’s Alyssa Adams. Photo: Bev Moser

Pictured (L-R): Diamond Eye Music’s Callie Benjamin and Chris Burch, SESAC’s Shannan Hatch, Reid and Diamond Eye’s Alyssa Adams. Photo: Bev Moser

SESAC-affiliated artist/songwriter/producer Simon Reid has signed a publishing agreement with Diamond Eye Music. Originally from the UK, Reid is also an accomplished session musician with 15 years of experience working with a variety of artists in Nashville studios.

As well as having an Honors degree from Edinburgh Napier University, he has produced a track for ABC Family’s 10 Things I Hate About You, co-written a song for The British Red Cross, won 1st place in The Pacific Songwriting Competition (Pop/Ballad category), and was awarded a place in the BBC Songwriters’ Academy in 2008.

As a session musician, Simon has performed live with The Wanted (BBC1), We See Lights (Canada), The Rise (Italy) and Jamie Kimmett (Italy).

ASCAP, Logan’s Roadhouse Partner To Support Emerging Artists, Songwriters

logans and ascapASCAP and Logan’s Roadhouse restaurants today (Sept. 1) announced a partnership to support emerging country music songwriters and artists. The new agreement will include integrated live performances, multiple philanthropic endeavors, mentorship programs, financial support for educational music programs, exposure to top music executives and a unique music experience for Logan’s Roadhouse patrons.

The Nashville based restaurant chain will also showcase an ASCAP-curated playlist in all of its 230 company-operated restaurants, which will feature emerging artists and independent artists. The playlist, which is already rolling out to restaurants in many states, will be updated over time.

ASCAP Vice President of Nashville Membership Michael Martin commented, “We are constantly striving for new and creative ways to help our talented members get the exposure they deserve. This agreement provides a unique opportunity to do just that.”

ASCAP President and Chairman Paul Williams said, “For music to thrive, it takes not only gifted songwriters dedicated to their craft and careers, but businesses who recognize and support the value of music. We are thrilled to form this alliance with the visionary folks at Logan’s Roadhouse, who are committed to fostering music discovery and appreciation throughout their communities. They are truly kindred spirits, and this unprecedented partnership will shine a new light on not only some of country music’s exciting new songwriter-artists, but on the powerful relationship between ASCAP and one of our important licensing customers.”

“ASCAP inspires a collaborative community of songwriters and musicians while working to insure those artists are compensated for their creative work sufficient to support their families,” said Sam Borgese, President and CEO of Logan’s Roadhouse, “and we are guided by likeminded core values that motivated us to form this alliance, supporting artists and creating unique experiences for our customers at the same time. With Nashville as our home, we have first-hand exposure to immense musical talent, and we are committed to creating new platforms for emerging songwriters and musicians in all of the communities we touch across the country—from small towns to big cities—through this alliance with ASCAP.”

Williams, Borgese, Martin and surprise guests will share more news about the alliance at a news conference on Sept. 15.