NEW YORK — BMI and the Television Music License Committee have negotiated license agreements providing local TV stations with the public performing rights to BMI’s repertoire of more than 3,000,000 musical works.
The agreements are retroactive to Jan. 1, 1995, and run through March 31, 1999.
The blanket license agreement calls for license fees of $76 million for the 12-month period beginning April 1, 1997, and $79 million for the following 12 months. Per-program stations will calculate license fees based on their allocated share of a per-program base fee of $96.4 million in the first contract year and $99.3 million in the second contract year.
Features of the agreement include: an additional agreement for internet uses that enables stations having sites on the World Wide Web to use limited amounts of BMI music to promote station viewership; and a provision licens-ing the performance of BMI music on stations’ HDTV signals.
BMI and local TV stations had been operating under interim agreements since Jan. 1, 1995. The parties have now agreed to a settlement for this period through March 31, 1997, which will be paid by local stations over the next three years.”The new BMI local TV agreement generates fees that are more in line with the growing airplay that the BMI repertoire has earned on local television. It also gives our customers the flexibility to choose the best li-cense for their stations,” said BMI president and CEO, Frances W. Preston.