Company Overview of Broadcast Music, Inc.
Broadcast Music, Inc. operates as a non-profit-making music performing rights organization that represents various songwriters, composers, and music publishers in various genres of music and musical works. The company collects license fees on behalf of songwriters, composers, and music publishers, and distributes them as royalties to members whose works have been performed. It issues licenses to various music users, such as television and radio stations, and networks; new media that includes Internet services and Websites, and mobile technology businesses, such as ringtone and ringback providers; satellite audio services, such as XM and Sirius; nightclubs, discos, hotels, bars, restaurants, ...
250 Greenwich Street
7 World Trade Center
New York, NY 10007-0030
Founded in 1939
Key Executives for Broadcast Music, Inc.
Chief Executive Officer and Director
Chief Financial Officer and Senior Vice President of Finance
Head of Strategic Communications & Marketing and Vice President
Senior Vice President and Writer/Publisher Relations
Compensation as of Fiscal Year 2013.
Broadcast Music, Inc. Key Developments
Broadcast Music, Inc. Announces Board Changes
Oct 7 13
Broadcast Music, Inc. elected Albert Cheng, Dave Lougee and Michael O'Neill to its Board of Directors at the company's Annual Meeting of Shareholders held on Oct. 7, 2013 in Nashville, TN. Mr. Cheng is Executive Vice President and Chief Product Officer, Digital Media, for the Disney/ABC Television Group, whose portfolio of broadcast and cable networks includes ABC Entertainment, ABC News, ABC Family and Disney Channel, among others. Mr. Lougee is President of the Broadcasting Division for Gannett Co., Inc. Mr. O'Neill will assume the title of President upon Mr. Bryant's retirement. In his capacity as President, Mr. Bryant continues on the Board until his retirement. At the meeting, current Board member Paul Karpowicz, President, Meredith Broadcasting Group, CT, was elected Vice Chairman. All newly elected Board members will serve terms that expire in 2017. Mr. Cheng is past Director, Distribution Strategy, for Fox Cable Networks Group, as well as former Director, Business Development, at Fox/Liberty Networks. Mr. Lougee is currently Vice Chair of the NBC Affiliates Board, a member of the National Association of Broadcasters (NAB) Board and Chairman of the NAB Next Generation Broadcast committee. He is also on the Board of Directors for Mobile Content Venture.
Broadcast Music, Inc. Reports Revenue Results for the Year Ended June 30, 2013
Sep 23 13
Broadcast Music, Inc. reported revenue results for the year ended June 30, 2013. Revenues increased by $45 million, a 5% gain over the prior fiscal year, exceeding $944 million.
Broadcast Music, Inc. Announces Executive Changes
Sep 6 13
Michael O'Neill has been named CEO of Broadcast Music Inc. O'Neill has worked with BMI for nearly 20 years, most recently serving as senior vice president of repertoire and licensing. He replaces Del Bryant, who is retiring this year after 42 years of working with BMI.
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