BMI Announces Layoffs After Abandoning Goldman-Assisted Sales Pursuit

About one week after ending its pursuit of a more than billion-dollar sale, Broadcast Music, Inc. (BMI) has announced a round of layoffs.

Team members were just recently informed of the unfortunate news via email, though at the time of this piece’s writing, none of the affected professionals appeared to have commented publicly on the matter. Similarly, the performance rights organization itself hasn’t yet addressed the subject with a statement on its website.

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