Welcome!

Mobile IoT Authors: Jyoti Bansal, Liz McMillan, Mehdi Daoudi, Shelly Palmer, Yeshim Deniz

News Feed Item

ASCAP Reports Strong Revenues in 2013

Distributes $851.2 Million to Its Songwriter, Composer and Music Publisher Members, as the Organization Celebrates Its 100th Birthday; Domestic Distributions up 6.1% Over Prior Year

NEW YORK, NY -- (Marketwired) -- 02/12/14 -- The American Society of Composers, Authors and Publishers (ASCAP), the world leader in performing rights and advocacy for music creators, today announced that it distributed over $851.2 million in royalties to its songwriter, composer and publisher members in the calendar year ended 2013, an increase of nearly $24 million over 2012. Domestic distributions totaled $527.9 million, up 6.1%. 2013 became the sixth year in a row that ASCAP distributed well in excess of $800 million -- more than $5 billion total -- to its members. ASCAP is the only performing rights organization to do so, making it the global leader in performance royalty distributions to songwriters, composers and music publishers.

ASCAP President and Chairman Paul Williams commented: "Nearly 500,000 of my fellow songwriters, composers and music publishers depend on ASCAP to collectively license their work and collect public performance royalties, which are becoming a more vital source of income in the digital age. As we celebrate our centennial, we believe it is time to update the regulations that govern music licensing. ASCAP is working to shape a future which preserves the enormous benefits of the collective licensing model, while better reflecting how technology is changing the way people listen to music and the competitive landscape in which we operate."

Revenues remained strong at $944.4 million, led by a $13.2 million increase in domestic receipts boosting ASCAP's financial growth, primarily from its new media and general licensing areas. Revenues from foreign societies also remained healthy at $330.6 million. ASCAP remains among the most-efficient performing rights organizations with an operating expense ratio among the lowest in the world. 2013's operating ratio stood at 12.4% versus 11.3% in 2012, due to litigation expenses incurred as a result of ASCAP's ongoing rate court proceeding with Pandora Media, which is seeking to lower the royalties it pays to songwriters and composers.

ASCAP CEO John LoFrumento noted: "Our strong performance in 2013 further demonstrates why ASCAP is uniquely suited to serve the needs of both music creators and licensees in the digital future. I believe ASCAP's ability to transparently and efficiently track and distribute performance royalties using the most advanced technology is unmatched within the industry, as is our commitment to nurturing and advocating on behalf of our community of members. I am thrilled that in our 100th year, ASCAP is still breaking new ground toward a more transparent, efficient and effective music licensing system."

ASCAP maintained its high level of royalty payments to members through upgrades to its business systems, operational efficiencies and technological innovations, notably:

  • ASCAP migrated its data center operations to a new state-of-the-art facility with increased storage, power and speed to maximize the processing of performances.
  • ASCAP completed a 5-year project that simplified its license and rate structure for eating and drinking establishments, leading to a 30% increase in General Licensing customers.
  • Through the use of pattern recognition technology, ASCAP began automatically identifying musical works -- mostly instrumental -- on radio, TV and cable, even when voice-overs or sound effects are mixed with the music, increasing the number of performances tracked by 150%.
  • ASCAP expanded its satellite radio survey, resulting in 18,000 additional members getting paid and an additional 3 million performances processed in one quarter. In fact, through tracking enhancements coupled with a greater number of licensees playing a wider variety of music than every before, the number of members receiving royalties has increased 45% in the past five years alone.
  • ASCAP introduced the "Play Music" license for small websites and mobile apps, an easy-to-use, economical agreement that can be obtained at ASCAP.com in a matter of minutes.
  • ASCAP welcomed more than 30,000 new members in 2013, among them are ZEDD, Calvin Harris, Big Sean, Haim, Sia, Matthew Koma, Drake, Kings of Leon's Jared Followill, composer Steven Price (Gravity) and composer Gustavo Santaolalla (August: Osage County).

ASCAP members continue to garner the highest industry awards and honors. At the recent 56th Grammy Awards, honoring the music of 2013, ASCAP members took home the lion's share of awards, winning 60% of all categories. Pharrell Williams and Justin Timberlake each earned three Grammys; Jay-Z and Sir Paul McCartney each earned two; bright, young newcomer Lorde (APRA) won the Song of the Year Grammy for "Royals;" Shane McAnally won the Best Country Song Grammy for "Merry Go 'Round;" and ASCAP's very own President and Chairman of the Board Paul Williams earned his third career Grammy for his work on Daft Punk's Random Access Memories album.

ASCAP songwriters and composers also swept the music categories at the recent Golden Globe Awards. Composer Alexander Ebert, bandleader of Edward Sharpe and the Magnetic Zeros, earned a Golden Globe for Best Original Score for his music to the 2013 film All is Lost. Rock legends U2 and writer-producer Brian Burton (aka Danger Mouse) earned awards for "Ordinary Love," their tribute to Nelson Mandela featured in Mandela: Long Walk to Freedom. In addition, longtime ASCAP member Stephen Schwartz's Pippin won a 2013 Tony Award for Best Revival of a Musical.

ASCAP members dominated the 2013 Billboard charts and included some of the biggest names in music, including #1 R&B songwriter Robin Thicke, #1 Latin songwriter Romeo Santos, #1 country songwriter Ashley Gorley, and #1 Christian songwriter Matthew West, as well as other hit songwriters such as Pharrell Williams, Bruno Mars, Brandy Clark, Justin Timberlake, Drake, Katy Perry, Jay-Z, Lorde (APRA), Kendrick Lamar, Alicia Keys, fun.'s Nate Ruess, Beyoncé, Josh Kear, Chris Tompkins, 2 Chainz, Mike Einziger, Aloe Blacc and many others.

Through its expansive, innovative and highly successful series of career development programs, ASCAP serves music creators at all stages of their working lives. From the annual ASCAP "I Create Music" EXPO, the Sundance ASCAP Music Café and TV and Film Scoring Workshops on both coasts to songwriting workshops, cross-genre songwriting camps and annual award shows, ASCAP provides valuable education, community support and professional recognition to its members.

About ASCAP
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 500,000 members representing more than 9 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

Add to Digg Bookmark with del.icio.us Add to Newsvine

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound e...
@ThingsExpo has been named the Most Influential ‘Smart Cities - IIoT' Account and @BigDataExpo has been named fourteenth by Right Relevance (RR), which provides curated information and intelligence on approximately 50,000 topics. In addition, Right Relevance provides an Insights offering that combines the above Topics and Influencers information with real time conversations to provide actionable intelligence with visualizations to enable decision making. The Insights service is applicable to eve...
SYS-CON Events announced today that Grape Up will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company specializing in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market across the U.S. and Europe, Grape Up works with a variety of customers from emergi...
SYS-CON Events announced today that Hitachi, the leading provider the Internet of Things and Digital Transformation, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Hitachi Data Systems, a wholly owned subsidiary of Hitachi, Ltd., offers an integrated portfolio of services and solutions that enable digital transformation through enhanced data management, governance, mobility and analytics. We help globa...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
Multiple data types are pouring into IoT deployments. Data is coming in small packages as well as enormous files and data streams of many sizes. Widespread use of mobile devices adds to the total. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the tools and environments that are being put to use in IoT deployments, as well as the team skills a modern enterprise IT shop needs to keep things running, get a handle on all this data, and deli...
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in compute, storage and networking technologies, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/...
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
Judith Hurwitz is president and CEO of Hurwitz & Associates, a Needham, Mass., research and consulting firm focused on emerging technology, including big data, cognitive computing and governance. She is co-author of the book Cognitive Computing and Big Data Analytics, published in 2015. Her Cloud Expo session, "What Is the Business Imperative for Cognitive Computing?" is scheduled for Wednesday, June 8, at 8:40 a.m. In it, she puts cognitive computing into perspective with its value to the busin...
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
Financial Technology has become a topic of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 20th Cloud Expo at the Javits Center in New York, June 6-8, 2017, will find fresh new content in a new track called FinTech.
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...
The age of Digital Disruption is evolving into the next era – Digital Cohesion, an age in which applications securely self-assemble and deliver predictive services that continuously adapt to user behavior. Information from devices, sensors and applications around us will drive services seamlessly across mobile and fixed devices/infrastructure. This evolution is happening now in software defined services and secure networking. Four key drivers – Performance, Economics, Interoperability and Trust ...
Grape Up is a software company, specialized in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market across the USA and Europe, we work with a variety of customers from emerging startups to Fortune 1000 companies.
Cybersecurity is a critical component of software development in many industries including medical devices. However, code is not always written to be robust or secure from the unknown or the unexpected. This gap can make medical devices susceptible to cybersecurity attacks ranging from compromised personal health information to life-sustaining treatment. In his session at @ThingsExpo, Clark Fortney, Software Engineer at Battelle, will discuss how programming oversight using key methods can incre...
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in compute, storage and networking technologies, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/...