BMI Files Action In Federal Rate Court Against The RMLC
January 3, 2017 at 6:58 AM (PT)
BMI has filed an action in Federal Rate Court to set interim fees for radio stations represented by THE RADIO MUSIC LICENSE COMMITTEE (the “RMLC”) while BMI and the RMLC negotiate the terms of a new five-year deal beginning in 2017.
The RMLC has proposed an interim rate well below BMI's previous deal, and BMI claims, "the effect of which would have a significant impact on the royalties BMI pays to its songwriters, composers and music publishers. The RMLC has justified its proposed rate based upon incomplete and incorrect information regarding BMI's radio performances. BMI disagrees fundamentally with the RMLC’s proposal and, consistent with past practices, is asking the Court to maintain its most recent rate while new terms are negotiated."
BMI SVP/Licensing MIKE STEINBERG stated, "We attempted to negotiate in good faith with the RMLC for many months, and just before the end of the year, the RMLC presented an interim rate that significantly undervalues the work of BMI’s songwriters. Given the unmatched caliber of BMI's repertoire, our superior market share on radio, and the ever-increasing value that BMI music brings to the radio industry across all its platforms, we believe the RMLC’s proposal falls well short of what is in the best interests of our affiliates.”
ALL ACCESS has reached out to the RMLC for a comment.
In mid-DECEMBER (NET NEWS 12/15/16), The RADIO MUSIC LICENSE COMMITTEE and ASCAP inked a new five-year agreement that sets music royalty rates payable by commercial broadcast radio stations through 2021.