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Katy Perry "The Prismatic World  Tour" - Raleigh
MPWThis Is 2015’s Highest-Paid Female Musician
By Benjamin SnyderNovember 5, 2015
NEW YORK - SEPTEMBER 20: Former U.S. President Bill Clinton addresses the audience during the opening plenary, called Leaders Dialogue on Climate Change, of the seventh annual meeting of the Clinton Global Initiative (CGI) at the Sheraton New York Hotel on September 20, 2011 in New York City. Established in 2005 by former U.S. President Bill Clinton, the CGI assembles global leaders to develop and implement solutions to some of the world's most urgent problems. (Photo by Daniel Berehulak/Getty Images)
Arts & EntertainmentBad news for Hillary? Bill Clinton’s late night ratings outdone by Lady Gaga
By Michal AddadyOctober 7, 2015
Revenue from licensing music for digital streaming has meant big revenue bumps for agencies like BMI and Ascap. Perhaps it’s time for the “B” in BMI to stand for “billion”—as in $1 billion in annual revenue. The music agency, whose full name is Broadcast Music Inc., announced Thursday that it set an industry record by raking in $1.013 billion over the year ending June 30. That’s BMI’s highest yearly revenue ever, and it squeaks by the $1.001 billion reported earlier this year by ASCAP, BMI’s main rival for handling music licensing and artists’ songs for play on radio, television, streaming media, and other platforms. BMI and ASCAP — the latter of which said it was the first performing rights organization to top $1 billion — have increased their revenue in recent years even as the music industry on the whole remains in flux due to evolving distribution models. The increase comes amid higher consumption of digital music, which requires streaming services like Pandora P 0.38% , Spotify, YouTube GOOG 1.15% , and Apple Music AAPL 2.09% to pay BMI and ASCAP royalties to stream songs by their songwriter members. Together, ASCAP and BMI represent a reported 90% of songs released commercially in the U.S. BMI's roster of artists includes Taylor Swift, Lady Gaga, and Lil Wayne.
Arts & EntertainmentBMI breaks a billion-dollar record
By Tom Huddleston Jr.September 10, 2015
Singer Katy Perry arrives at the 56th annual Grammy Awards in Los Angeles
Tech6 music stars betting big on tech
By EntrepreneurFebruary 18, 2015
Rocking out in Israel: Who will and who won’t?
Rocking out in Israel: Who will and who won’t?
By Ben GeierJuly 22, 2014
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