BMI Comments on Tonight’s RMLC Rate Court Filing
The Radio Music License Committee (RMLC) filed a petition this evening in the federal rate court to resolve its ongoing rate dispute with BMI (Broadcast Music Inc.). Mike Steinberg, Executive Vice President, Licensing & Creative, BMI, made the following comment:
“BMI has spent more than two years attempting to negotiate a new rate with the Radio Music License Committee (RMLC) that fairly and accurately reflects the scope and quality of the music we represent. As anticipated, the RMLC is trying to use a below-market rate they negotiated with the only US PRO they were able to come to an agreement with; an agreement based on flawed market share data and one that has since been made irrelevant by newly-agreed to and adjudicated rates in the marketplace. We look forward to presenting our position before the Court and demonstrating the dominance of BMI’s repertoire.”
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