
Broadcast Music, Inc.
United States"#MusicMovesBMI"
About
Broadcast Music, Inc. launched in 1939 when Henry Katzman and other industry pioneers formed the group to challenge ASCAP's monopoly on radio royalties. The new organization opened its doors to independent publishers and songwriters who had been shut out by the existing system, creating an alternative licensing body that would eventually become the largest performance rights organization in the United States.
Today BMI manages a catalog exceeding 25 million musical works representing over 1.5 million creators. The non-profit collects blanket license fees from radio stations, television networks, streaming services, bars, restaurants, and live venues before distributing those funds as royalties based on rigorous usage data. Unlike some competitors, BMI does not charge application fees or annual dues to songwriters and publishers.
Recent developments in 2026 highlight the company's push for technological integration and global expansion. On May 19, 2026, BMI announced it acquired Soundmouse, a global leader in cue sheet management, to enhance metadata accuracy for its members. The same month saw the launch of expanded partnerships for the BMI Spark program with Kit, Laylo, Linktree, Musixmatch, and UVI to support emerging artists with digital tools.
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Frequently Asked Questions
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Company Info
- Founded
- 1939
- Founder
- Henry Katzman
- CEO
- Wardell Malloy
- Headquarters
- Manhattan, New York City
- Industry
- Music Rights Management
- Revenue
- 1573000000
- Catalog Size
- Over 25 million works
- Creator Count
- Over 1.5 million
- Fiscal Year 2022 Revenue
- $1.573 billion
- Soundmouse Acquisition Date
- May 19, 2026
- Instagram Followers
- 260K+
- Facebook Likes
- 191K+
Official Website
www.bmi.com
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