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songwriters
BMI Acquisition: What Songwriters Need to Know
The recent acquisition of Broadcast Music Inc. (BMI) by New Mountain Capital, a private equity giant, has sent shock waves through the music industry, particularly among songwriters who rely on BMI for royalty collection and advocacy.
What Does This Mean for Songwriters?
While the full picture is still forming, here’s a breakdown of the potential positives and negatives for songwriters: