ASCAP licenses for on-air and Webcasts together
By TVTechnology published
ASCAP, a performing rights organization representing composers and publishers, has reached an agreement with U.S. commercial stations that allows the stations to use the entire 7-million-song ASCAP catalog on the air and on the Web.
Payment will be a flat $1.7 billion. This deal supplants the government-regulated Webcast royalty structure. The license extends to 2009.
The deal is significant to music recording professionals because Webcasting bypasses corporate music outlets like broadcast radio.
For more information, visit www.ascap.org.
Future US's leading brands bring the most important, up-to-date information right to your inbox
Thank you for signing up to TV Tech. You will receive a verification email shortly.
There was a problem. Please refresh the page and try again.