ASCAP Turns to Streaming Services for Collection of Royalties

ASCAP (the American Society of Composers, Authors and Publishers) reported having its best year to date in 2014. The not-for-profit performance-rights organization, which collects royalties on behalf of over 500,000 musical artists and more than 10 million songs, collected a little over $1 billion in revenue for 2014. ASCAP said that it had improved its efforts in identifying songs being played via streaming services and in return created opportunities to pay more artists for their work. Continue reading ASCAP Turns to Streaming Services for Collection of Royalties

ASCAP and BMI Push For More Flexibility in Music Licensing

The Justice Department announced this week that it will review the regulatory agreements created in 1941 that govern ASCAP and BMI. It is likely that, as a result, a lobbying fight will surge between technology giants like Pandora and Google against music companies and songwriter groups. If changes to the regulatory agreements are not made, major music publishers, including Sony/ATV and Universal, may withdraw from ASCAP and BMI.  Continue reading ASCAP and BMI Push For More Flexibility in Music Licensing

Judge Rules in Royalty Lawsuit Between Pandora and ASCAP

In somewhat anticlimactic fashion, the lengthy, dramatic battle regarding what digital music service Pandora should pay ASCAP ended Friday when U.S. District Judge Denise Cote ruled that Pandora should continue to pay the performing rights organization what it has been paying through 2015. Pandora had argued that it should pay less than the current 1.85 percent of revenue, while ASCAP had argued for an escalating rate structure that would require Pandora to pay 2.5 percent of revenue for 2013 and 3 percent in 2015. Continue reading Judge Rules in Royalty Lawsuit Between Pandora and ASCAP