One-Tier Option
The One-tier Option benefits colleges that present a large number of musical attractions, and is the administratively simpler of the two agreements. A single annual payment, calculated by multiplying the Per Student Fee times the full-time equivalent (FTE) student enrollment in the fall academic term, covers all performances of BMI music (as listed in paragraph 2 of the agreement) including musical attractions exclusively promoted by the college for each contract year.
Two-Tier Option
The Two-tier Option is for colleges with lower full-time enrollment and fewer musical attractions than larger institutions. This option requires that each musical attraction (that is, those only promoted by the school) be reported separately.
This option consists of a two-part license fee:
(A} The first part is an annual payment, calculated by multiplying the Per Student Fee times the full-time equivalent (FTE) student enrollment in the fall academic term. There is a minimum fee for this option for each contract year.
(B) The second part of the fee structure for the two-tier option is a fee for any musical event presented on the college premises and promoted only the institution itself and where the entertainment costs total $1500 or more. This fee is determined by two factors:
- the seating capacity of the facility; and
- the gross ticket revenues.