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bmi logoBillboard reports “BMI’s Stuart Rosen began by outlining his industry’s formation, spurred by governmental concerns of a monopolistic market position by ASCAP. In 1941 the Dept. of Justice took the first steps towards its eventual issue of the consent decree for ASCAP, establishing the statutory rules which still define the contours of performance rights organizations in the U.S., of which there are now four (ASCAP, BMI, SESAC and Global Music Rights).” Read more.

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