NOW WHAT?
We have no fucking idea.
COUNTRY'S NEWEST DISRUPTOR
Three chords and some truth you may not be ready for.
AI IS ALREADY EATING YOUR LUNCH
The kids can tell the difference... for now.
WHO'S BUYING THE DRINKS?
That's what we'd like to know.
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Following today's news that the DOJ's interpretation of the BMI consent decree had been rejected, publishers everywhere rejoiced. Warner/Chappell Chairman & CEO Jon Platt immediately issued an open letter to his pub fam. Read it here:
Dear Songwriters,
I know that the determination of the Department of Justice (DOJ) on the issue of 100% licensing of US performance rights in musical compositions has weighed heavily on our minds over the past several months. In July, I wrote to you, promising to keep you up-to-date on everything that happens, as it happens.
Today, I am very pleased to inform you of the result of a legal challenge brought by BMI against the DOJ. Just this afternoon, Judge Stanton ruled that the BMI consent decree does not require 100% licensing. As he states: "The consent decree neither bars fractional licensing nor requires full-work licensing."
While I'm sure this story will continue to unfold, this is a fantastic result which should give us hope that the status quo for US performance rights licensing will not be upended. This is a big win, not just for BMI, but for all publishers and songwriters.
My personal congratulations to the BMI team for this wonderful outcome.
Yours sincerely,
Jon Platt