ASCAP collected record-high revenues of $1.059 billion in 2016 and distributed more than $918 million to its songwriter, composer and music publisher members. Distributions were up 5.6% over the prior year. ASCAP CEO Elizabeth Matthews commented: "ASCAP is committed to transforming and innovating to secure a healthy future for music creators and publishers."
U.S. Voters Say Free Market, Not Government Should Determine Songwriter Royalties
Nearly two-thirds (64%) of American voters believe the free market should determine how much songwriters are paid instead of the federal government (10%) – a majority opinion that holds across party lines. Recognizing that technology has fundamentally transformed the music industry over the past decade, two-thirds (66%) of voters surveyed say U.S. music licensing regulations should reflect the way people listen to music today, and two-thirds (65%) of voters support updating U.S. music licensing regulations to ensure songwriters have the ability to achieve fair compensation for the public performances of their work.
Songwriters to Call for Reforms to Outdated Music Licensing Regulations During ASCAP "Stand With Songwriters" Advocacy Day on April 26
Paul Williams, Peter Frampton, Rob Thomas, Eric Bazilian, Rob Hyman, Ledisi, Jimmy Jam, Terry Lewis and other award-winning American songwriters ask Congress to support updates for the modern music economy.
Peter Frampton, Matchbox Twenty’s Rob Thomas, The Hooters’ Eric Bazilian & Rob Hyman and More to Perform at The ASCAP Foundation’s “We Write the Songs” at Library of Congress on April 25
The evening celebrates the gift by The ASCAP Foundation to the Library of Congress of the original manuscripts, lead sheets, lyrics sheets, photos and letters of some of America’s greatest creators of words and music.