Word: ascap
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Dates: during 1940-1949
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...these and 2,000,000 other compositions are the stock-in-trade of the American Society of Composers, Authors & Publishers. Instead broadcasters will offer selections from the 200,000 tunes corralled by Broadcast Music, Inc. since it was set up last year as a rival to ASCAP. Among those will be plenty of Latin-American ballads, many a song from the public domain (56 years is the copyright deadline), a handful of current favorites like Practice Makes Perfect, one of the very few hits uncovered to date...
Last week after ASCAP refused to sign a consent decree calling for the elimination of the self-perpetuating power of its board of directors, its blanket agreement by which it sells all its properties in block, its practice of pooling and dividing its income, the Department of Justice suddenly cut loose, decided to start criminal anti-trust proceedings not only against ASCAP, but against B. M. I., NBC, and CBS as well. Said Trust-Buster Thurman Arnold: "The Department is interested in seeing that neither ASCAP nor B. M. I. can get into a position that puts the public...
...mood for compromise last week were Gene Buck and Neville Miller, presidents respectively of ASCAP and B. M. I. Firm was Mr. Miller that ASCAP would never get a percentage of the networks' gross for its music. Equally firm was Mr. Buck that ASCAP would not agree to a per-program arrangement dictated by B. M. I. Whatever happens B. M. I. will have to watch its step. One flourish on a horn of an ASCAP copyrighted tune may mean a minimum penalty of $250 for every station that broadcasts...
...years ago, the Department of Justice filed an anti-trust suit against ASCAP (American Society of Composers, Authors & Publishers). Bogged down until last December, the case warmed up when trust-busting Thurman Arnold turned it over to plump, blond Victor Waters, his able assistant. Since then the Department has been busy bolstering its contention that ASCAP is a monopoly. Thread of the Government argument: Since ASCAP insists that clients contract for all ASCAP tunes or none, any individual composer who is a member of ASCAP is deprived of potential profits when ASCAP terms are refused. "The profit from a song...
This does not seem to bother individual ASCAP members, but last week, in the midst of ASCAP's squabble to get more money out of the radio chains, the Department of Justice began to close in on the society. Under way in Washington were negotiations for a consent decree by which ASCAP would forsake its blanket agreements. Since these blanket agreements have been a major factor in the networks' difficulties with ASCAP, it looked at week's end as if the Department of Justice might spike a major ASCAP gun. Meanwhile the society and the networks continued...