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Ed Sheeran & Johnny McDaid Win European Song of the Year at 2022 BMI London Awards
BMI honored Ed Sheeran and Johnny McDaid with the European song of the year award for their global hit “Bad Habits” at the 2022 BMI London Awards. The private event was held at London’s Savoy Hotel on Monday (Oct. 3). The award is given to BMI’s most performed song of the previous year by U.K. or European writers. The single spent 11 consecutive weeks at the top of the Official U.K. Singles Chart. Accepting the award via video message, Sheeran said, “We had so much fun making the song and it has been so much fun playing the song out on the road and seeing the reactions of people all around Europe and I can’t wait to go out and do some more.” Accepting alongside Sheeran, McDaid said, “Ed, I’m so grateful, man, for the fact that you still trust me to make music with you after over a decade o...
BMI’s Revenue Keeps Growing, Despite Pandemic Setbacks
Although digital licensing peaked over the year, media and general licensing were dampened, in part by pandemic concerns, with general taking the greatest hit. Since fiscal 2019, which raked in an all-time high of $169 million in general licensing, revenue from general, public spaces like bars, restaurants, shops and concert venues — has dropped by 25%, and amounted to just $127 million in the past year. Meanwhile media licensing, which accounts for cable and satellite television and radio, decreased by 11% from last year to a total of $472 million. This is the first time in recent years that media has taken a dip and may be indicative of a major upcoming downturn for traditional TV and radio. In 2020, the category made $527 million in revenue for BMI, up by 3% from the previous year...
ASCAP & BMI Responds to DOJ’s Consent Decrees Inaction: Read the Open Letter
Read the full letter below. January 15, 2021 An Open Letter from ASCAP CEO Elizabeth Matthews and BMI President and CEO Mike O’Neill in Response to the DOJ Closing Statement on the ASCAP and BMI Consent Decrees Two years ago, the U.S. Department of Justice (DOJ) announced that it would conduct a review of the ASCAP and BMI consent decrees to determine if they still served their intended purpose. Today, the DOJ has formally closed its review and will take no action to modify or terminate the decrees but left open the possibility of changes in the future. While we were disappointed that no action was taken, we are encouraged to see how the DOJ’s approach to these issues has evolved. In his closing remarks, AAG Makan Delrahim recognized several important truths that we have long understood: S...
BMI Posts Record Revenue Despite Pandemic Hit to Licensing
Collections from April to June fell by an estimated $60 million, but a digital boost helped make up the difference. BMI generated $1.311 billion in revenue in the year ended June 30, 2020, a 2.2% increase over the $1.283 billion it reported in the year earlier period. Distributions were up too, totaling $1.233 billion — a 3.1% increase from the $1.196 billion paid out to songwriters and publishers in the prior fiscal year. Domestically, the performance rights organization collected $961 million, increasing 1.9% from the year-earlier period. Foreign receipts grew 2.9% to $350 million. As a percentage of revenue, that breaks out to 73.3% domestic and 26.7% foreign, a 0.2% shift in favor of international collections compared to the prior year. BMI estimates that its fourth quarter reven...
DOJ Workshop on ASCAP & BMI Consent Decrees Lays Out Key Issues With Heavy-Hitter Speakers
Pharrell Williams, LeAnn Rimes, top executives from the performing rights organizations and other leading trade groups all spoke at Tuesday’s session. At the top of Tuesday’s (July 28) Department of Justice public workshop regarding the federal consent decrees that govern ASCAP and BMI, assistant attorney general for the antitrust division Makan Delrahim laid out the main focus for the two-day hearings and panel discussions: competition. Or more specifically, as he put it, “Competition for the benefit of the American consumer, competition for the benefit of innovation and competition for the benefit of songwriters, composers and artists.” That set the tone for four hours’ worth of discussion on the potential review, which was undertaken by the DOJ as part of i...
BMI Announces Winners of 2020 Film, TV & Visual Media Awards
The winners of BMI’s 36th annual Film, TV & Visual Media Awards were announced Monday (June 15) across the organization’s social and digital platforms. Honorees — who were awarded for their work on the top-performing films, TV shows and other visual media from the previous year — include composers Tyler Bates, Hildur Guðnadóttir, Atli Örvarsson, Mike Post, Mac Quayle and Brian Tyler. Örvarsson was the top winner this year, with a total of five awards (known as “crystals”) for his work on TV series including Chicago P.D., Chicago Med, Chicago Fire, FBI and FBI Most Wanted. Elsewhere, Tyler, Quayle and Bates received three apiece. Tyler won for his work on Hawaii Five-0, Magnum P.I. and Yellowstone; Quayle won for 9-1-1, 9-1-1: Lone Star and American Horror Story;...
