ASCAP & The RMLC Settle Rate Court Proceeding

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The American Society of Composers, Authors and Publishers (ASCAP) and the Radio Music License Committee (RMLC) have reached a new settlement agreement, securing higher rates payable by almost 10,000 of America’s commercial terrestrial radio stations to publicly perform more than 20 million musical works in the ASCAP repertory.

ASCAP CEO Elizabeth Matthews shares, “This deal locks in an important royalty stream for our members at higher rates. It will deliver enhanced benefits, payments and financial certainty to ASCAP songwriters, composers and publishers, which is important to ensuring their creative and economic health and security now and in the future.”

The settlement agreement includes year-over-year increases in the percentage of revenue rate paid by radio stations to publicly perform music by ASCAP members and better reflects the ways in which AM/FM radio stations in the US currently broadcast and transmit music to their listeners, while recognizing the distinctions between the terrestrial radio industry and internet music services.

LB Cantrell
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