Radio, Rights Orgs Temporarily Agree On 7%
The music publishing industry has been anxiously watching licensing negotiations between BMI, ASCAP and radio/TV interests. Rate contracts are in the process of being renewed and concerns on the music side of the table revolve around potential rate reductions due to falling radio/TV ad revenues.
Today it has been announced that the Radio Music License Committee (RMLC) and the performing rights organizations have agreed to an interim 7% rate reduction for both ASCAP and BMI. Radio broadcasters will begin paying the lower rate Jan. 1, 2010. A court will determine the actual rate, and when determined, it will be retroactive to 1/1/10.
RMLC Chairman Ed Christian was quoted saying he’s disappointed the process has stalled, but looks forward to realizing “significant reductions” in licensing fees. Analysts suggest that obtaining a settlement in this issue may take many months, but also point that the 7% drop shows that the rights organizations are aware that radio revenues have been sharply dropping.


Artist management team Bob Doyle & Associates has signed Republic Nashville act The Band Perry, and Doyle’s publishing company Major Bob Music has also entered an agreement with the rising group. William Morris Endeavor Entertainment is handling booking for the band.
BMG Rights Management, the global company which purchased the Crosstown Songs America catalog earlier this year, has officially established it US operations and announced the opening/transitioning of offices in New York, Los Angeles and Nashville. The Nashville office will continue being headed by Dann Huff along with Sr. VP Creative Darrell Franklin. The publisher is home to Neil Thrasher, Desmond Child, Jonathan Singleton and more.





