Story perspectives
Radio Royalty Rates Rise After BMI-RMLC Settlement
8/20/2025
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Story summary
- BMI and the Radio Music License Committee (RMLC) settled on increased royalty rates for radio play.
- Rates will increase from 1.78% to 2.14% in 2022-2023, reaching 2.20% by 2029, retroactive to January 1, 2022.
- The agreement concludes three years of litigation, improving compensation for songwriters.
- RMLC highlighted the deal's stability and benefits for broadcasters' long-term planning.
- ASCAP also secured a separate settlement with RMLC for higher rates.
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