NCTA Annual royalties?

[Tim-b]

Today I spotted something called “NCTA – Annual” royalties on my latest BMI statement and it is quite a high amount. I can see that NCTA is short for National Cable TV Association (It is in the “U.S. Performances – Other Sources”, “NATIONAL CABLE TV ASSOCIATION” section.).

Does someone know what this is and what the royaltie amount is based on?

Thanks in advance!

[Tim-b]

And of course right after posting this I found an answer in this news article from 2000!

https://www.bmi.com/news/entry/20000725_new_bmi_ncta_agreement_to_yield_significantly_increased_fees

[BEATSLINGER]

Please find me more Acronyms. I LOVE seeing more money!!

[Frequencee]

I’ve seen that payout on other distributions but it’s nominal compared to the Sept Q1 payout which includes the annual. A nice windfall indeed. It made up about 15% of my total statement

[Author]

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