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Class Action Lawsuit Challenges ASCAP, BMI Arbitration Agreements, Says Entities Should be Audited

It all started in Family Court ....

A proposed class action lawsuit aims to challenge the theory that the American Society of Composers, Authors and Publishers—ASCAP—and Broadcast Music Inc.—BMI—owe no fiduciary duty to songwriters, arguing that the major music licensing fee and royalty processors should be audited and their mandatory arbitration agreements ruled void and unenforceable.