Does BMI own my music?

Does BMI copyright music?

Your composition is copyrighted automatically when the work is “created,” which the law defines as being “fixed” in a copy or a recording for the first time. The registration of your copyright is recommended, but not required. BMI does not copyright works for you.

Does BMI collect all royalties?

ASCAP, BMI, etc do NOT collect mechanical royalties. You may have heard that 9.1 cents is earned per download or sale. And that’s true (for now – it’s going up!). So when you sell a song on iTunes, 9.1 cents is owed to the songwriter/publisher of that song.

What does BMI do for your music?

BMI represents songwriters and publishers only. The songwriter creates and owns the composition of a song. The publisher acts on behalf of the songwriter, and they have the right to reproduce and distribute the recording (or any derivatives) of the song.

Does BMI get YouTube royalties?

Collection societies such as BMI and ASCAP have blanket licences with Google-owned YouTube, which currently only pays royalties of about $40 per million streams, according to recent royalty statements.

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Can you have ASCAP and BMI?

You can use the same business entity (e.g. LLC) when registering as a publisher with ASCAP and BMI, but your affiliation name should be slightly different with each society.

How can I get out of my BMI contract?

If you want to terminate your BMI affiliation agreement, you must notify BMI as follows: In most instances, notice must be signed by you and sent to BMI postmarked not more than six (6) months or less than three (3) months prior to the end of your current agreement term.

Does BMI pay for Spotify plays?

To the extent that music usage information has been submitted to us, we will distribute royalties for streams of your music over digital music services licensed by BMI. Specific to digital music services, works can become eligible for both a CURRENT ACTIVITY PAYMENT as well as a STREAMING HITS BONUS.

Should I join BMI as a songwriter?

When should I join BMI? Joining BMI is an important early step in an aspiring songwriter, composer and/or artist’s career. If you have written at least one musical composition, either by yourself or with others, and the composition is currently being performed or is likely to be performed soon, you should join BMI.

What does BMI do for songwriters?

Bringing Music and Business Together

BMI represents performance rights while Songwriters, Composers and Music Publishers focus on their craft.

Who owns BMI music?

(BMI) is a US-based collection society and music licensing organization. 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.

Industry Org.

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How often is BMI royalty?

BMI Live distributions occur quarterly. See the payment distribution schedule.

How much does BMI pay per stream?

The government-mandated royalty rate is 10.5 percent of the gross revenue minus the cost of public performance. The average rate per stream is about ​$0.005​.

Does BMI pay sync 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.

How does BMI make money?

BMI operates on a non-profit-making basis. Currently, nearly 90 cents out of every dollar collected is directed back to our affiliated songwriters, composers and music publishers in the form of royalties.

Should I register with BMI or ASCAP?

Today, BMI represents more artists and songs than ASCAP, though ASCAP numbers remain extremely impressive. BMI has a million members and about 15 million songs, while ASCAP has about 735,000 members and 11.5 million songs.

The Differences Between ASCAP & BMI.

ASCAP BMI
Membership Dues $50 one-time Free