BMI Withdraws Interim Fee Petition

BMI LogoBMI has withdrawn its petition to Federal Rate Court to set an interim fee, in light of the Radio Music License Committee’s agreement at an earlier hearing to the rate proposed by BMI. The petition was filed when BMI and RMLC were unable to reach an agreement on an interim fee; BMI says the RMLC’s request for a lower rate was “based on incorrect and incomplete information.” At a hearing on February 17, the RMLC agreed that the 7,000 stations it represents would pay BMI’s proposed interim rate, and so the petition has been withdrawn.

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