BMI has reported that its revenues actually rose slightly in its latest fiscal year, which ended on 30 June. The collecting body’s revenues for that year were more than $917 million, with $789 million of that available for distribution to its affiliates – flat year-on-year. Over the past 10 years, BMI’s revenues have increased by more than 70%, with the company hailing its growth from online, on-demand and mobile music services.Read more: http://tinyurl.com/3xdvdgy
BMI revenues up to $917m for its last fiscal year
