Word: ascap
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Dates: during 1940-1949
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Weary after seven months of music war, ASCAP last week made peace with NBC, the biggest network of them all. The end of radio's bitter music war was in sight...
...radio's song pool, sent out royalty checks for the first quarter of 1941, threw Tin Pan Alley into an uproar. Stunned were BMItes, accustomed to a fat swag from 27-year-old rival ASCAP, to receive amounts as small as $2.45. While victims screamed that they were robbed, BMI last week made a hasty checkup, discovered that a honeymoon-struck accountant had figured into the publishers royalties everything but the big item, payments for radio network performances...
Meanwhile, rich ASCAP decided to split a million-dollar melon (cut largely out of lush past earnings) among its membership for the second quarter of 1941, just to buck up morale...
From the new songs, as from God Bless America, Composer Berlin will not make a penny. He has assigned full rights to the Government departments, and ASCAP has cleared the songs for free radio performance...
...sang one of them on the CBS-Lucky Strike Your Hit Parade. He has been vocalist and master of ceremonies on that program for a year and a half, has helped in the steady rise of its Crossley ratings, until the "hits" it presented turned out to be non-ASCAP songs like Jeanie With the Light Brown Hair...