Word: ascap
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Dates: during 1940-1949
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...Great is ASCAP (the American Society of Composers, Authors and Publishers). To ASCAP belong about 1,450 composers and writers and about 130 music publishing houses in the U. S. ASCAP holds the performance rights to their works. ASCAP collects royalties for its members, deducts about 20% for operating overhead, 10% more for the 20 foreign performing-rights societies with which it is affiliated. What is left is allocated, 50-50, between composers and writers and publishers. Distribution to individuals is arbitrary, based not upon number of performances but upon ASCAP's fixed ratings...
Radio, the juiciest source of ASCAP royalties, pays the society monthly on a contract basis, muttering horrible epithets. The present contracts, under which individual stations pay 5% of net receipts plus varying fees, networks pay nothing, expire next December. Last month ASCAP revealed the terms of the next contract: 3%-5% for individual stations, 7½% for the networks. Radio paid a total of $4,300,000 last year, would pay as high as $8,500,000 (its own estimate) in 1941. Last week the two major networks, CBS and NBC, gave their answer: nothing doing. For the first time...
Cross between a union, an agent and a burial society is the American Society of Composers, Authors & Publishers (ASCAP), which collects fees and royalties for the men who write and market most of the nation's songs. Always sensitive about its public relations, ASCAP was worried last week by a wave of smut which seemed to be breaking over the U. S. song trade. Its directors formally condemned writers and publishers of "salacious and suggestive songs," threatened them with spankings or worse. On the carpet this week were three ASCAP members (names kept secret). Possible penalties: a warning...
...John Doe and Joe Doaques (actually Hugh Prince and Don Raye). A sister piece, She Really Meant to Keep It Till She Married, has sold 75,000 records for Mr. Oberstein. Not yet recorded is I'm a Virgin but I'm On the Verge, by ASCAP Member Paul Denniker...
Nearly all the popular music heard over the air is controlled by American Society of Composers, Authors and Publishers (ASCAP), a composer's union which collects royalties on every musical broadcast. Last spring Montana broadcasters got so fed up they had a law passed outlawing ASCAP's royalties. When ASCAP insisted on royalty payments, one broadcaster filed charges of extortion. Montana authorities then tried to arrest ASCAP's genial President Gene Buck...