Good and Bad quarters come and go. What’s really concerning are the the ongoing trends.
When building a catalog, there is only up. Every quarter is a decent percentage of increase. But after your list of “shows” numbers in the thousands, things tend to level out. SOMEthing is always playing. But BMI has chosen to ignore fairness in favor of their pet projects.
It’s well known that broadcast TV/Cable/Streaming is what is holding them up, yet they can’t seem to manage to get all that money back over to the composers who quite literally pay for their jobs. I’m loosing faith. Maybe it’s time to look elsewhere. As in new industry.