PROSPECTUS — BMI × KELL
2026-08-23T20:54:03Z
https://bmi.hitme.dev/prospectus.txt
https://bmi.hitme.dev/prospectus.html
mirror=https://gotokell.hitme.dev/bmi/prospectus.txt
status=technical_prospectus · not_an_offer_to_sell_securities
not_affiliated_with=Broadcast Music Inc. · ASCAP
custom=YES · PRO_royalty_shaped · not_dynatrace_template

1. SUBJECT
   Counterparty class: performing-rights organization (PRO) ops ·
   publisher/label composition desks · dual-PRO (BMI+ASCAP) licensees.
   Subject org reference: BMI (bmi.com) — composition performance royalties.

2. MARKET FACTS (PUBLIC)
   FY2022 BMI: ~$1.573B collected · ~$1.471B distributed.
   Repertoire class: ~22.4M works.
   Cadence: quarterly pay · often 6–9 month lag after performance quarter.
   Split: 50% writer / 50% publisher.
   Peer: ASCAP = separate catalog + separate blanket.
   Out of BMI scope: mechanicals · sync · sound-recording performance.

3. PROBLEM (OPS $)
   High-volume play-row match/allocate.
   Sample vs census gaps → missed/disputed attribution.
   Lag float on ~$1.5B-class pools.
   Dual-PRO admin for same physical world.
   Member churn pressure vs peer PROs.

4. OFFERING (TECH)
   Kell private / zero-egress compute path for:
     a) match/allocate mill (door-backed bus rates)
     b) dense ingest + compress hot buffer
     c) deterministic run receipts for close/dispute
     d) machine APIs for agents/desks (ms / brain / DATESTAMP)
   Published receipts (fleet):
     memcpy 259,093 MT/s · pack 360,800 MT/s · ΔT 0.0°C
     https://gotokell.hitme.dev/ms.html
     https://gotokell.hitme.dev/best_numbers.json

5. USE OF PROCEEDS (IF ENGAGED) — SAVE
   match_compute → lower $/event processed
   ingest_stall  → less drop/reprocess
   lag_float     → shorter close option · less working-capital drag
   disputes      → fewer reopen hours
   dual_PRO      → shared private compute across catalogs

6. USE OF PROCEEDS (IF ENGAGED) — MAKE
   find_plays       → more attributable events · member stickiness
   licensee_SKU     → proof-of-use / compliance analytics product
   label_desk       → paid master↔composition reconcile (B2B)
   reciprocal_sync  → faster foreign-society handoff option
   retention        → lower token-cost status → defend catalog share

7. STRUCTURE (OPTIONS)
   A. Ops pilot: one match/allocate lane · door receipts · fixed term
   B. Licensee product: white-label proof-of-use (venue/DSP desk)
   C. Dual-PRO co-op compute: BMI+ASCAP-class pipes on shared private path
   D. Label/publisher desk API: composition↔master reconcile only
   Commercial terms: under NDA · usage or seat · not disclosed here.

8. RISK / LIMITS
   Not a substitute for PRO legal licenses.
   Does not collect or replace BMI/ASCAP royalties.
   Does not grant mechanical/sync/master rights.
   CF DNS may be required for bmi.hitme.dev public edge (origin live).
   Performance numbers: fleet door-backed / published table — buyer witness TBD.

9. CONTACT
   brian@hitme.dev
   primary_brief=https://gotokell.hitme.dev/ms.html
   fact_sheet=https://bmi.hitme.dev/ · https://gotokell.hitme.dev/bmi/