MIC Coalition To DOJ: Keep The ASCAP And BMI Consent Decrees

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Commenting

The MIC COALITION has offered its input into the U.S. DEPARTMENT OF JUSTICE’s formal comment period on its Review of the ASCAP and BMI Consent Decrees, the two performing rights organizations that together control 90% of the U.S. marketplace for licensing the right to publicly perform musical works. Essentially, the COALITION wants the decrees to stay as they are.

“It is no surprise that businesses around the country have let the JUSTICE DEPARTMENT know — clearly and plainly — that the ASCAP and BMI consent decrees are as important today as ever and should be preserved without modification,” the MIC stated. “The music marketplace has been built around these consent decrees and if they are terminated or sunset without first establishing a new legal framework to protect these businesses and other licensees, chaos will result. 

“Thanks to the competitive guardrails provided by these time-tested antitrust consent decrees, the modern music marketplace has successfully evolved to a place where music is valued, creators are compensated, innovation flourishes and consumers enjoy greater choice in music enjoyment than ever before — and ASCAP and BMI are bringing in record revenues. The message from hundreds of businesses to the JUSTICE DEPARTMENT is clear: Without these decrees, the music marketplace would be thrown into chaos and music across the country would be silenced.” 

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–> https://www.allaccess.com/net-news/archive/story/188624/mic-coalition-to-doj-keep-the-ascap-and-bmi-consen

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