# Broadcast Music Inc. (BMI) switches to for-profit model for first time in 80 years | SangCash

- Canonical URL: https://wefunder.com/feed/158751
- Entity ID: wefunder:feed_item:158751
- Published at: 2022-10-13 16:36:40 UTC
- Updated at: 2025-07-09 03:22:31 UTC

## Author
Stephen P DeGrazia

## Subject
SangCash

## Content
CEO Mike O’Neill cites a need to upgrade BMI’s distribution technologies and the org’s ambitions to “buy a company that has emerging services for songwriters”, or to “create a tool that presents affiliates with a digital record that tracks royalties across the full spectrum of their earnings”.https://www.musicbusinessworldwide.com/bmi-transitions-to-a-for-profit-business-model/