Who is barbara Cane?
Barbara Cane is the Vice President, Worldwide Creative and Advisor to the EVP, Creative & Licensing Mike Steinberg. In this role, Cane works closely with BMI’s Creative executives supporting BMI’s songwriting community and cultivating essential industry relationships.
Who owns BMI music?
It represents the public performance rights in over 17 million musical works created and owned by more than 1.1 million songwriters, composers, and music publishers. A not-for-profit PRO, BMI is the US-based competitor to fellow collection society, ASCAP. Founded in 1939, today BMI is led by its CEO, Michael O’Neill.
How does BMI get paid?
BMI royalties are performing right royalties, which are earned when a musical work is performed publicly. Public performance occurs when a song is sung or played, recorded or live, on radio and television, as well as through other media such as the Internet, live concerts and programmed music services.
Does BMI pay for Spotify plays?
The Streaming Hits Bonus For the applicable service BMI will calculate a bonus on a per-stream basis for the most streamed BMI works. Note, the bonus funds comes from a general licensing pool, not directly from digital music service fees, which has been the industry practice since BMI opened its doors.
Does BMI pay back royalties?
Does BMI pay performance royalties on remixes? On “official” remixes, meaning the new work has been commissioned by, or otherwise approved by, the creators/rights owners of the original work, yes, BMI does pay performance royalties.
Does BMI collect all royalties?
BMI does not collect anything but performance royalties. They do not collect mechanical royalties or royalties for artists or record labels.
What royalties do BMI collect?
How much does BMI pay per stream?
Yes, they keep about 12% of royalties collected and pay out the other approximately 88% to their songwriters and publishers. Then once your royalties reach $250 for any given quarter, BMI sends you a direct deposit payout. Until your royalties equal or exceed that amount, they hold that money in your account.
How much does it cost to join BMI?
Broadcast Music, Inc. (BMI) is also a not-for-profit organization that represents over 12 million musical works from over 750,000 artists. Membership is free for songwriters. For publishers, there’s a $150 fee for individuals and $250 for companies.
What royalties does CD Baby collect?
They keep a 4.5% cut for administrative costs and pay the remainder as follows: 45% to the featured artist. 5% to the non-Featured artists (backing musicians) 50% to copyright owner (typically the record label)
How long do royalties last?
Royalties last their entire life of the songwriter and another 70 years after they have passed away. This can result in well over 100 years of royalties. This is why some songwriters have one huge hit song and the royalties they continuously earn can sort them out for life.
What type of royalties does BMI collect?