Songwriter Groups Are ‘Extremely Disappointed,’ Still Want Answers About BMI’s Plans to Sell ...Middle East

A coalition of songwriter and artist groups have expressed that they are “extremely disappointed and upset” with BMI in a letter to the firm’s CEO and president Mike O’Neill. Obtained by Billboard, the letter is written in response to last week’s news that the performing rights organization may sell to private equity firm New Mountain Capital for around $1.7 billion, according to multiple sources. Related BMI May Sell to Private Equity Firm for $1.7B, Sources Say

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