BMI And RMLC Extend Agreement
April 11, 2007 at 1:45 PM (PT)
BMI and the RADIO MUSIC LICENSE COMMITTEE have agreed to a three-year term extension to the previous ten-year performing right agreement for commercial radio stations. The three-year period covered by the agreement is retroactive to JANUARY 1, 2007.
BMI Pres./CEO DEL BRYANT said, "This three-year extension extends and expands our relationship with the radio industry in a mutually favorable manner. The new agreement offers the benefits of stability, simplified administration, and consistent fee levels to BMI and radio stations alike."
Fees for the period 2007-2009 will continue to be calculated on the basis of the formula developed by the RMLC under the prior ten-year agreement. The extension includes provisions for per program music licensing, and also for high definition simulcasting and multicasting, and streaming over-the-air signals on stations’ Internet web sites.
RMLC Executive Director KEITH MEEHAN said, "We are pleased to have reached this agreement with BMI and that our agreements now cover both Internet streaming of station signals as well as covering HD simulcasting. We are also pleased that BMI has agreed in principle to a joint radio music use study with RMLC."