The New ASCAP Deal. Will You Pay More?
The Radio Music License Committee and ASCAP have inked a new five-year agreement through 2021 that sets the rates payable by over 10,000 radio stations to publicly perform more than 10.5 million musical works in the ASCAP repertory. RMLC Chairman Ed Christian said the agreement demonstrates how the creative and music-user communities can work together in good faith to produce an outcome that is positive for both sides. Here are the details of the deal…
The agreement covers 2017 to 2021. It provides for increases in the rates paid by radio stations to perform music by ASCAP members via terrestrial, over-the-air broadcasts as well as certain digital transmissions and, for the first time, expressly affirms the percentage share of radio performances represented by ASCAP — at a level that reflects that ASCAP licenses more performances on broadcast radio than any other performing rights organization.
The RMLC represents the vast majority of the nation’s radio stations and ASCAP represents 600,000 songwriters, composers, and music publisher members whose songs and compositions comprise the largest catalog of music played on commercial AM/FM radio of any performing rights organization in the United States.
No comments yet. Why not start the conversation?