BMI's Mike O'Neill Throws Cold Water On DOJ Investigation Of His Company
July 23, 2014 at 4:44 AM (PT)
While BMI CEO MIKE O'NEILL acknowledging that BMI is in discussions with the DEPT. OF JUSTICE on a proposal to modify the consent decree, "which is our agreement with the government setting forth the rules under which we do business. Most of the decree is nearly 50 years old," O'NEILL made note that he believes BMI is not part of any investigation of collusion:
"There have also been reports in the press suggesting that BMI is the subject of an investigation regarding possible collusion with certain publishers. I want to stress that we have no reason to believe that the DOJ is investigating any such conduct by BMI."