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BMI Logs All-Time High Distribution Total of $1.5 Billion, Revenue Up by $212 Million

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variety.com

Thania Garcia BMI has distributed and administered $1.471 billion to its songwriters, composers and publishers, marking its highest royalty distributions ever, in the year ending June 30, 2022.

Revenue also grew, totaling a record-breaking $1.573 billion — a $212 million, or 16%, increase compared to the last fiscal year.

On Tuesday, the group published its annual report which logged a boost of $136 million (up by 10%) in distributions compared to the previous year.

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