New Mountain Capital at the Helm: What Does BMI’s Acquisition Mean for Composers?

By Scott At Composer Space | May 7, 2024

New Mountain Capital at the Helm: What Does BMI’s Acquisition Mean for Composers? In February 2024, private equity firm New Mountain Capital (NMC) finalized its acquisition of Broadcast Music, Inc. (BMI), the world’s largest performing rights organization (PRO). This shift from a non-profit to a for-profit model under NMC’s leadership has left many composers wondering…

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