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What is American Society of Composers, Authors, and Publishers mean?
The American Society of Composers, Authors and Publishers (ASCAP) () is an American not-for-profit performance-rights organization (PRO) that protects its members' musical copyrights by monitoring public performances of their music, whether via a broadcast or live performance and compensating them accordingly.
ASCAP collects licensing fees from users of music created by ASCAP members, then distributes them back to its members as royalties. In effect, the arrangement is the product of a compromise: when a song is played, the user does not have to pay the copyright holder directly, nor does the music creator have to bill a radio station for use of a song.
In 2019, ASCAP collected over US$1.274 billion in revenue and distributed $1.184 billion in royalties to its members. As of September 2020, ASCAP membership included over 775,000 songwriters, composers and music publishers, with over 11 million registered works.
referencePosted on 05 Nov 2024, this text provides information on Miscellaneous in Community related to Community. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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