BMI annual payout to songwriters and publishers grows 9% to $1.12bn

United States-based performance rights organization BMI has confirmed that it paid out a record $1.118bn to songwriters, composers and publishers in the year ending June 30, 2018. That figure was up 9%, or $95m, on the prior year, and according to BMI represent the ‘highest royalty distribution of any music rights organization in the world’.

Source: BMI annual payout to songwriters and publishers grows 9% to $1.12bn

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