Today the Court of Appeals for the Second Circuit ruled against the U.S. Department of Justice (DOJ) and affirmed BMI's consent decree victory. The Second Circuit agreed with Judge Louis L. Stanton's September 16, 2016 decision that the BMI consent decree allows for the practice of fractional licensing. Mike O'Neill,
President and CEO of BMI, stated: "This is a massive victory for songwriters, composers, music publishers and the entire industry. We have said from the very beginning that BMI's consent decree allowed for fractional licensing, and we are incredibly gratified that Judge Stanton and the Second Circuit agreed with our position. We thank all the songwriters, composers, publishers and organizations who supported us throughout this process, which unfortunately, has been a nearly two-year distraction from our original intent which was to update our outdated consent decree and modernize music licensing. We look forward to our continued efforts to protect and grow the value of music."
Celebrating over 76 years of service to songwriters, composers, music publishers and businesses, Broadcast Music, Inc. (BMI) is a global leader in music rights management, serving as an advocate for the value of music.
BMI represents the public performance rights in nearly 12 million musical works created and owned by more than 750,000 songwriters, composers, and music publishers. The Company negotiates music license agreements and distributes the fees it generates as royalties to its affiliated writers and publishers when their songs are performed in public. In 1939, BMI created a groundbreaking open-door policy becoming the only performing rights organization to welcome and represent the creators of blues, jazz, country, and American roots music.
Today, the musical compositions in BMI's repertoire, from chart toppers to perennial favorites, span all genres of music and are consistently among the most-performed hits of the year.
For additional information and the latest BMI news, visit bmi.com follow us on Twitter @BMI or stay connected through Broadcast Music, Inc.'s Facebook page. Sign up for BMI's The Weekly and receive our e-newsletter every Monday to stay up to date on all things music.
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