Performance Rights Organization BMI Shifts to For-Profit Business Model

Performance Rights Organization BMI Shifts to For-Profit Business Model

Performance rights organization BMI is shifting to a for-profit model. Broadcast Music, Inc. (BMI) is switching to a for-profit business model, the company announced Wednesday morning to its staff via internal email. Like most performing rights organizations (PROs) across the globe, BMI had operated chiefly on a non-profit basis since 1939…
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