NEW YORK, NY (CelebrityAccess) – The Radio Music License Committee (RMLC) filed a petition Thursday (May 17) in U.S. Federal Court in the Southern District of New York in hopes of resolving its ongoing rate dispute with BMI.
In a statement issued by BMI, executive VP of licensing & creative Mike Steinberg said: “BMI has spent more than two years attempting to negotiate a new rate with the Radio Music License Committee (RMLC) that fairly and accurately reflects the scope and quality of the music we represent. As anticipated, the RMLC is trying to use a below-market rate they negotiated with the only U.S. PRO they were able to come to an agreement with; an agreement based on flawed market share data and one that has since been made irrelevant by newly-agreed to and adjudicated rates in the marketplace. We look forward to presenting our position before the Court and demonstrating the dominance of BMI’s repertoire.”
Judge Louis Stanton will preside over the rate trial.