Taylor Swift, 2014.

BMI's Revenue Collections Grow to $977 Million, Royalty Distributions to $840 Million

Broadcast Music Inc. (BMI) saw revenue collections grow to $977 million in the past fiscal year, up 3.5 percent from the $944 million it gathered the year previously. Meanwhile royalty distributions to publishers and songwriters grew 3.2 percent to $840 million from $814 million for the prior year ending June 30, 2013.