Following today's news that the DOJ's interpretation of the BMI consent decree had been rejected, publishers everywhere rejoiced. Here's Sony/ATV Music Publishing Chairman & CEO Marty Bandier's reaction:

"We are thrilled with Judge Stanton’s common sense interpretation of the consent decree which clarifies that BMI is not required to grant 100% licenses. His statement that 'nothing in the consent decree gives support to the division’s views' could not be clearer. While the DOJ’s interpretation would have upended decades of licensing practices and caused uncertainty and disorder to everyone in the marketplace, Judge Stanton’s ruling is in the public interest and will benefit all interested parties in the music industry, including songwriters, music publishers and licensors. We can now focus once again on working on behalf of our songwriters”