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    Broadcast Music, Inc.
    Music Rights Management

    Broadcast Music, Inc.

    United States flagUnited States

    "#MusicMovesBMI"

    Founded 1939 Manhattan, New York City CEO: Wardell Malloy
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    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.

    Products & Sub-brands

    BMI SparkSoundmouseCue Sheet ManagementRoyalty Distribution System

    Frequently Asked Questions

    Who owns Broadcast Music, Inc. (BMI)?
    BMI is owned by its members, songwriters, composers, and music publishers, who collectively govern the organization through a board of directors, ensuring it operates as a non-profit entity dedicated to their interests rather than external shareholders.
    Is BMI still in business?
    Yes, BMI is actively operating and expanding, having recently celebrated its 80th anniversary and acquired companies like Soundmouse in 2026 to modernize its cue sheet management and global reach.
    What is the difference between BMI and ASCAP?
    The primary difference lies in their founding histories and policies; BMI was created in 1939 to break ASCAP's monopoly and offers an open-door policy with no membership fees, whereas ASCAP has historically had stricter selection criteria and different fee structures.
    How much money does BMI distribute annually?
    BMI distributes billions in royalties annually; for example, in fiscal year 2022 alone, the organization distributed $1.471 billion to its members after collecting $1.573 billion in license fees.
    Who is the CEO of BMI?
    While leadership teams evolve, recent updates in 2026 highlight key executives such as Wardell Malloy and Michael O'Neill leading various departments, with the organization governed by a member-elected Board of Directors rather than a single sole owner.

    Keywords

    performance rights organizationmusic royaltiessongwriter advocacymusic licensingBMI SparkSoundmouse acquisition

    Sources

    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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