ASCAP, The American Society of Composers, Authors and Publi
Increases in collections from the audio streaming and audio-visual sectors pu Total monies available for domestic distributions of licensed and administered performances amounted to $912.6 million, a 2.4% increase of $22 million over 2020. Strong domestic performance helped to offset the challenges in foreign revenues, due to the ongoing global impact of the COVID-19 pandemic. Revenue from foreign societies in 2021 totaled $323.5 million, down 9.7% from 2020 due largely to business closures and the lack of vaccinations. Nevertheless, due to ASCAP technological and distribution process efficiencies and timing, international distributions were up $19 million, or 5.9%, bringing total monies available for distributions up 3.4% over 2020. “The ASCAP team is dedicated to building a future of opportunity for our songwriter, composer and music publi
In 2021, ASCAP expanded its Audio-Visual Premium payment plan (the “AVP”) to ensure that ASCAP composers have the ability to share in the success of top-streamed shows on major “over-the-top” (OTT) streaming services such as Netflix, Hulu, Amazon, Apple TV+, Disney+ and HBO Max. This is in addition to the continuation of AV premium eligibility for top-rated series on cable and broadcast.
ASCAP also accelerated its Symphonic, Recital and Educational distribution to provide much-needed support to those composers and publi