BMI is one of the leading US-based collection societies.
A long-time not-for-profit entity, the firm went for-profit in Q4 2022.
In late 2023, it was announced that BMI was being majority-acquired by New Mountain Capital – a deal which closed in early 2024.
BMI historically issued data on its annual collections and distributions to members.
The org continues to issue annual reports, but since 2022 has ceased to include revenue figures.
The below is a visualization of BMI’s historical revenue collections and payouts in USD, millions.
Source: BMI Annual Reports