{"id":3584,"date":"2004-09-06T15:03:23","date_gmt":"2004-09-06T19:03:23","guid":{"rendered":"http:\/\/blogs.law.harvard.edu\/cmusings\/2004\/09\/06\/bmi-not-bmg-has-record-year\/"},"modified":"2004-09-06T15:03:23","modified_gmt":"2004-09-06T19:03:23","slug":"bmi-not-bmg-has-record-year","status":"publish","type":"post","link":"https:\/\/archive.blogs.harvard.edu\/cmusings\/2004\/09\/06\/bmi-not-bmg-has-record-year\/","title":{"rendered":"BMI (not BMG!) Has Record Year"},"content":{"rendered":"

<\/a><\/p>\n

The movie industry had a record summer at the box office<\/A>, despite a decline in ticket sales.  That’s pretty predictable, since broadband is not pervasive and watching a DivX download is not nearly as high quality as going to the theater.  So it’s not worth making too of this.  <\/P>
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It’s also not worth making too much of<\/A> recent news that BMI has had a record year.<\/A>  Maybe people are getting BMI confused with BMG.  The latter is a record company, the former is a performing rights organizations.  The former’s revenue is pretty small relative to the total revenue of the record companies.<\/A>  These results are consistent with last year’s growth<\/A>, spurred on in part by the ringtone bubble.<\/A>  This revenue stream will likely be hit more slowly; although radio will lose relevance, licensing for TV will not fall off as quickly, and restaurants, live concerts, and other public places will still pay fees.<\/P>
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Which is not to say I agree with<\/A> the “sky is falling” rhetoric of the music industry.  But we should keep these stats in perspective.<\/A><\/P><\/p>\n","protected":false},"excerpt":{"rendered":"

The movie industry had a record summer at the box office, despite a decline in ticket sales.  That’s pretty predictable, since broadband is not pervasive and watching a DivX download is not nearly as high quality as going to the theater.  So it’s not worth making too of this.  It’s also not worth making too much […]<\/p>\n","protected":false},"author":72,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[84],"tags":[],"class_list":["post-3584","post","type-post","status-publish","format-standard","hentry","category-general-news"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/archive.blogs.harvard.edu\/cmusings\/wp-json\/wp\/v2\/posts\/3584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.blogs.harvard.edu\/cmusings\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.blogs.harvard.edu\/cmusings\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/cmusings\/wp-json\/wp\/v2\/users\/72"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/cmusings\/wp-json\/wp\/v2\/comments?post=3584"}],"version-history":[{"count":0,"href":"https:\/\/archive.blogs.harvard.edu\/cmusings\/wp-json\/wp\/v2\/posts\/3584\/revisions"}],"wp:attachment":[{"href":"https:\/\/archive.blogs.harvard.edu\/cmusings\/wp-json\/wp\/v2\/media?parent=3584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/cmusings\/wp-json\/wp\/v2\/categories?post=3584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/cmusings\/wp-json\/wp\/v2\/tags?post=3584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}