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...