ASCAP Recognized by CIO Magazine as a CIO 100 Award Winner
June 10, 2014
New York, NY, June 10, 2014: IDG's CIO magazine has announced the American Society of Composers, Authors and Publishers (ASCAP) as a recipient of the 2014 CIO 100. The 27th annual award program recognizes organizations around the world that exemplify the highest level of operational and strategic excellence in information technology (IT).
"For 27 years now, the CIO 100 awards have honored the innovative use of technology to deliver genuine business value," said Maryfran Johnson, Editor in Chief of CIO magazine & Events. "Our 2014 winners are an outstanding example of the transformative power of IT to drive everything from revenue growth to competitive advantage."
"ASCAP's new APM system allows us to more quickly and accurately pay members for their radio and internet performances. Using complex matching algorithms to harvest big data, the APM system has transformed the way members are paid," commented ASCAP CIO Mark Katz. "As digital delivery of music continues to expand, so too will performance volumes. In 2014 ASCAP expects the number of performances processed to double, topping 500 billion performances. The APM system positions ASCAP to capture and process this explosive data growth, now and for the future. The CIO 100 award is great recognition for this innovation and the teams that developed it."
Executives from the winning companies will be recognized at the CIO 100 Symposium & Awards Ceremony, to be held on the evening of Tuesday, August 19th, 2014 at the Terranea Resort in Rancho Palos Verdes, California.
About the CIO 100
Recipients of this year's CIO 100 Award were selected through a three-step process. First, companies filled out an online application form detailing their innovative IT and business initiatives. Next, a team of external judges (many of them former CIOs) reviewed the applications in depth, looking for leading-edge IT practices and measurable results. Finally, CIO editors reviewed the judges' recommendations and selected the final 100.
Coverage of the 2014 CIO 100 Awards will be available online at CIO.com on August 1st, 2014 and in the August 1st issue of CIO magazine.
CIO is the premier content and community resource for information technology executives and leaders thriving and prospering in this fast-paced era of IT transformation in the enterprise. The award-winning CIO portfolio – CIO.com, CIO magazine (launched in 1987), CIO executive programs, CIO strategic marketing solutions, CIO Forum on LinkedIn, CIO Executive Council and CIO primary research – provides business technology leaders with analysis and insight on information technology trends and a keen understanding of IT’s role in achieving business goals. Additionally, CIO provides opportunities for IT solution providers to reach this executive IT audience. The CIO Executive Council is a professional organization of CIOs created to serve as an unbiased and trusted peer advisory group. CIO is published by IDG Enterprise, a subsidiary of International Data Group (IDG), the world’s leading media, events and research company. Company information is available at www.idgenterprise.com.
The American Society of Composers, Authors and Publishers (ASCAP) is a professional membership organization of songwriters, composers and music publishers of every kind of music. ASCAP's mission is to license and promote the music of its members and foreign affiliates, obtain fair compensation for the public performance of their works and to distribute the royalties that it collects based upon those performances. ASCAP members write the world's best-loved music and ASCAP has pioneered the efficient licensing of that music to hundreds of thousands of enterprises who use it to add value to their business - from bars, restaurants and retail, to radio, TV and cable, to Internet, mobile services and more. The ASCAP license offers an efficient solution for businesses to legally perform ASCAP music while respecting the right of songwriters and composers to be paid fairly. With 715,000 members representing more than 11.5 million copyrighted works, ASCAP is the worldwide leader in performance royalties, service and advocacy for songwriters and composers, and the only American performing rights organization (PRO) owned and governed by its writer and publisher members. www.ascap.com
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Bobbi Marcus PR & Events, Inc.