ASCAP Reaches Fee Settlement with Radio Stations

8 Feb

The US District Court in the Southern District of New York approved the settlement agreement between ASCAP (American Society of Composers, Authors and Publishers) and the Radio Music License Committee (RMLC) setting the fees radio stations are to pay to publicly perform ASCAP’s 8.5 million plus works through 2016.  The Broadcast Law Blog recently highlighted the details of this settlement:

“Music radio pays ASCAP 1.7% of “revenues subject to fee from radio broadcasting.”   Under this new deal, New Media revenues that are more than just simulcasting your over-the-air signal are also covered, and are also subject to the same 1.7% of revenue fee, but there is a 25% deduction from that fee (presumably due to the higher commissions customarily paid for online revenues, but subject to adjustment back to 12% if the total of the higher new media deductions would cost ASCAP more than $5,000,000 than if the deductions had been at the 12% level).  Other good news includes that the broadcast industry has been paying too much from January 1, 2010, when this rate period began, until now, and the radio industry is owed a $75 million refund by ASCAP.”

Follow this link to check out the full blog.

%d bloggers like this: