CAREER: 5 Small Business Tips for Music Industry Pros ()
Small businesses make the music industry go round, and whether you're a record label, marketing agency, or management company, we here offer five essential tips for achieving success as a small music business in 2018. Guest post by Jeanette Keats of Symphonic Distribution and the Symphonic Blog Small businesses keep the music industry running. If you own a management company, record label, event company, or anything else, you are important! We want to help you make 2018 your best year ever, so we put together a list of five tips to keep in mind as you grow your business, and create a larger impact...
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TRENDS: Bmi Has Record Year, Revenue Tops $1b, Digital up 32% ()
BMI has reported record revenue of $1.199 billion for the fiscal year ending June 30th. The PRO distributed and administered a record $1.118 billion in royalties to its songwriters, composers and publishers, an increase of $95 million, or 9% higher than the previous year. The $1.118 billion in total distributions includes domestic and international royalties, as well as royalties from direct deals that BMI administers on behalf of its publishers. Distributions from these direct deals totaled $53 million, a $17 million increase over the previous year, account for about 5% of the PRO's total distribution for the period...
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