BMI will pay songwriters and publishers a smaller portion of its revenues as a for-profit company – while upping its own margin from 10% to 15% of collections. Will its members tolerate this change?

BMI will pay songwriters and publishers a smaller portion of its revenues as a for-profit company – while upping its own margin from 10% to 15% of collections. Will its members tolerate this change? - Music Business Worldwide

New revelations from Michael O’Neill shows that BMI is planning to increase its retained revenues by a third