Word: bmi
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...BMI, radio's song pool, sent out royalty checks for the first quarter of 1941, threw Tin Pan Alley into an uproar. Stunned were BMItes, accustomed to a fat swag from 27-year-old rival ASCAP, to receive amounts as small as $2.45. While victims screamed that they were robbed, BMI last week made a hasty checkup, discovered that a honeymoon-struck accountant had figured into the publishers royalties everything but the big item, payments for radio network performances...
...board of directors be permitted to perpetuate themselves in office, and song writers will be eligible to join the society on the strength of one published song instead of five. As a sop to ASCAP, the decree includes a clause forbidding all ASCAPers from having any truck with BMI, the broadcasters' own music pool. Also ASCAP had to shell out a $5,000 fine, 19 director-members $1,000 apiece. But on one major point, ASCAP will have its way: in the future the networks will have to pay for the ASCAP music they originate; the charges will...
Having wangled ASCAP into a consent decree, the Department of Justice expected the society to get together with the broadcasters pronto. But BMI showed no eagerness to adjust its music difficulties. BMI was taking time out to study ASCAP's decree in detail. If it proved to be more favorable than the one BMI signed a few weeks ago, BMI was prepared to demand an equal break...
Officers of Hasty Pudding Theatricals believe that BMI is so hard up for good tunes that songs from this year's production will be broadcast much more frequently than in previous years...
...title number "One on the House," "Sweet Dreaming," and I'm Not in the Mood," composed by Sherwood Rollins, Jr. '41, have been accepted by BMI, subject to slight changes so as not to resemble any song copyrighted by ASCAP. publications of the songs will be made to coincide with the trip through the East and Middle West during Spring vacation...