I'm working on something where I want to use some popular music by the orignal artists. I do like to stay legal, so I've been researching how to license the tunes.
Has anyone paid the BMI vultures?
This looks like an enormous pain in the ass.
It's not so much their prices, but their stock agreement wants to base everything off revenues and usage. Problem there is you end up with an ongoing pain in the ass of having to supply these guys quarterly reports not only on usage but on your revenues. And they give themselves audit rights, so they can show up and explore your books if they so desire.
For something like an online radio station where your business is the music, this may be a necessary evil. But it seems like complete and total overkill just to work some music into background of videos. I'd gladly pay a onetime fee that is much more than they'd ever get percentage wise just to avoid the reporting pains.
Anyone been down this path already and care to share some experiences?
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10-05-2003
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