Live Nation, AEG, and the North American Concert Promoters Association (NACPA) have lodged an appeal against BMI‘s recent triumph in its rate court litigation that saw songwriters getting a 138% increase in royalties in the US to 0.5% of every live event’s revenue. In March, BMI emerged victorious after New York District Court Judge Louis Stanton ruled in favor of the company’s proposed 0.5% rate for gross ticket sales in the US, including retroactive rates for the 2013-2017 period.
Source: BMI rate court victory challenged by live concert industry titans