Songwriters have been left wondering if, when BMI generates additional revenue in future, it will indeed“pass on higher amounts to its affiliate songwriters” or instead “keep the additional amounts for its own investors.” Nowhere was this concern better articulated than in a letter penned by multiple songwriter rights groups (namely: Black Music Action Coalition, Music Artists Coalition, Songwriters of North America, SAG-AFTRA, and the Artist Rights Alliance) earlier this month.
Source: If BMI is sold, could a cull of its huge songwriter membership be on the cards?