BMI and the Television Music License Committee reached an agreement for music license fees through Dec 31, 1994. (Brief Article)

Broadcasting & Cable, March, 1994

BMI and the Television Music License Committee reached an agreement for music license fees through Dec. 31, 1994. The deal requires no retroactive adjustments to payments made between 1983 and 1993. Instead, it calls for "an additional $14 million to BMI during calendar year 1994 beyond the payments called for under the interim license agreements."