Viacom, BMI Reach Accord8 Jul, 2002 By: Hive News
Viacom Inc. and Broadcast Music Incorporated (BMI) have reached an agreement on final license fees for the public performance of the BMI repertoire on Viacom's cable television networks, which include MTV and VH1.
"We're pleased that we have been able to reach an equitable agreement with Viacom on behalf of BMI's approximately 300,000 songwriters, composers and music publishers,” said John Shaker, BMI SVP, Licensing. “With this accord, writers and publishers represented by BMI will be guaranteed a stable source of income for the performance of their works on Viacom's cable networks through 2005."
The new contract covers Viacom's cable TV networks, including MTV, VH1, Showtime, The Movie Channel, Flix, Sundance Channel, MTV2, MTV Latin America, Nickelodeon, Nick at Nite, TV Land, TNN (The National Network), CMT (Country Music Television), BET (Black Entertainment Television), BET on Jazz, and the MTV Suite of digital networks (MTV Hits, MTV Jams, MTV Espanol (also known as MTVS), Noggin, GAS, Nicktoons TV, Nick Too, VH1 Classic, VH1 Soul, VH1 Country, VH1 Mega Hits, and VH Uno).