American Society of Composers, Authors and Publishers
Non-profit performance-rights organization / From Wikipedia, the free encyclopedia
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The American Society of Composers, Authors, and Publishers (ASCAP) (/ˈæskæp/) is an American not-for-profit performance-rights organization (PRO) that collectively licenses the public performance rights of its members' musical works to venues, broadcasters, and digital streaming services (music stores).
|Founded||February 13, 1914|
John Raymond Hubbell
|Headquarters||New York, New York, U.S.|
|Paul Williams (president)|
Elizabeth Matthews (CEO)
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 2021, ASCAP collected over US$1.335 billion in revenue and distributed $1.254 billion in royalties to its members. ASCAP membership included over 850,000 songwriters, composers and music publishers, with over 16 million registered works.