In an alarming trend that is befalling our aging rock icons (read Springsteen) , here is the update on the cancelled Aerosmith shows from our dear friend Ric Federighi general manager/partner from WIMS AM 1420 MC capital I (read Michigan City Indiana)

https://www.facebook.com/photo/?fbid=10228739713691376&set=a.10202318176249453

The reality that music royalty disbursement platform BMI is now a public company after EIGHTY FOUR YEARS of being a non profit has PROFOUND implications for the music business going forward.

With the advent of streaming and it’s explosive growth Y to Y and the problems it caused in regards to the paltry sums creators were being paid, this development should be a boon to those creators. Maybe. The question is how does a formerly benign non for profit...