MDIA 10-KMar 31 '26
“The four major performing rights organizations, from which the Company has licenses and to which we pay royalties, are the American Society of Composers, Authors, and Publishers ("ASCAP"), Broadcast Music, Inc. ("BMI"), SESAC, Inc., and Global Music Rights ("GMR").”
SIRI 10-KFeb 5 '26
“Traditionally, BMI, ASCAP, SESAC and GMR have negotiated for these copyright users, collected royalties and distributed them to songwriters and music publishers.”