May 19, 2013 10:36 AM ET

Commercial Services and Supplies

Company Overview of American Society Of Composers Authors and Publishers

Company Overview

American Society Of Composers Authors and Publishers operates as a performing rights organization of composers, songwriters, lyricists, and music publishers. It protects the rights of its members by licensing and distributing royalties for the non-dramatic public performances of their copyrighted works. The company also represents various kinds of music, such as pop, rock, alternative, country, rap, hip-hop, Latin, film and television music, folk, roots and blues, jazz, gospel, Christian, new age, theater and cabaret, dance, electronic, symphonic, and concerts. American Society Of Composers Authors and Publishers was founded in 1914 and is based in New York, New York.

One Lincoln Plaza

ASCAP Building

New York, NY 10023

United States

Founded in 1914

Phone:

212-621-6000

Fax:

212-621-8453

www.ascap.com

Key Executives for American Society Of Composers Authors and Publishers

Chief Executive Officer
Chairman of Writers Board and President
Senior Vice President and General Counsel
Senior Director of Membership - Los Angeles
Senior Director of Membership - Los Angeles
Compensation as of Fiscal Year 2012.

American Society Of Composers Authors and Publishers Key Developments

American Society Of Composers Authors and Publishers Appoints Alf Clausen to its Board, Effective April 1, 2013

American Society Of Composers Authors and Publishers appointed Alf Clausen to its board for a two-year term commencing April 1, 2013.

American Society of Composers Authors and Publishers Reports Revenue Results for the Year 2012

American Society Of Composers Authors and Publishers reported revenue results for the year 2012. The company has collected $941 million in revenue last year, down 4.5% from its 2011 total of $982 million. The decline in revenue was due to royalty payment decreases from the radio industry and from retail background-music services.

Pandora Files Lawsuit Against American Society Of Composers Authors and Publishers

Continuing efforts to reduce its overall royalty payments, Internet radio service Pandora has filed a suit against performing rights org American Society Of Composers Authors and Publishers. The action, filed in a New York district court, seeks an agreement providing reasonable fees and terms for Pandora's payments to the org through 2015. Disagreements between the two entities have been ongoing for some time, and Pandora has been paying an interim license fee to the org since last year. At the heart of Panodra's complaint is the agreement ASCAP reached for a blanket license with the Radio Music Licensing Committee in January. The license granted lower fees than those paid by Pandora to some of its competitors, including Clear Channel's iHeartRadio platform.

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