ASCAP Posts Record-Breaking $1.945 Billion In Revenue
ASCAP has announced its revenue collections and royalty distributions for 2025, sharing that the PRO delivered a record-breaking $1.945 billion in revenue in the calendar year, an increase of $110 million, or 6.0% over 2024 with $1.759 billion available for royalty distributions to its ASCAP music creator and publisher members, an increase of $63 million, or 3.7%.
This is the highest amount of revenue and royalty distributions ever reported by ASCAP. ASCAP operates without debt and has the lowest overhead rate in the US at 10%. As the only US PRO not owned by private equity or outside investors, ASCAP’s songwriter, composer and publisher members are the sole beneficiaries of ASCAP’s financial growth.
ASCAP delivers 90 cents of every dollar collected back to its members as royalties and does not charge a commission or take a profit. Instead, according to its unique governance and operating principles, after deducting expenses, ASCAP then distributes remaining dollars as royalties to its songwriter, composer and music publisher members. Read the full ASCAP 2025 Annual Report here.
“ASCAP remains a powerful advocate for creators facing an increasingly uncertain economy and rapidly shifting music landscape. While creators are under attack globally by disruptive technologies and opportunistic private businesses, ASCAP’s sole focus is to serve our members. We deliver on that mission every single day,” says ASCAP CEO Elizabeth Matthews.
ASCAP Chairman of the Board and President Paul Williams shares, “ASCAP once again delivered historic record-breaking revenues and distributions. We showed the world that our fierce commitment to putting creators first is our number one imperative. Songwriters know they belong at ASCAP and that we always have their back.”
In addition to this news, ASCAP also announced that it has launched a new virtual care offering as part of its ASCAP Wellness Program, which includes a broad range of health and well-being benefits provided exclusively to its members. Through a collaboration with MD Live by Evernorth, a leading provider of virtual health care services in the U.S., ASCAP members and their eligible dependents can engage in virtual visits with board-certified MD Live clinicians for mental health, dermatology, or 24/7 urgent care—all at discounted pricing.
“We know that health and wellness are foundational to creative work and longevity in our industry, but many music creators struggle to access and afford health insurance,” says ASCAP Chief Strategy and Digital Officer Nick Lehman. “That is why it’s important for us to launch this service for our members, providing easy access to high-quality care at very reasonable costs – regardless if they have insurance or not. As the only truly creator-first PRO in the US, our commitment to our members is to support them with the resources they need to be at their creative best.”
MD Live has a national network of board-certified doctors, pediatricians, dermatologists, psychiatrists and therapists who provide personalized care for medical and mental health needs. ASCAP members can sign up for access to MD Live virtual care services through the ASCAP Member Access portal.
“Virtual care is a huge benefit for people with busy lives who want to stay on top of their health,” shares Vontrelle Roundtree, MD, MPT, Associate Chief Medical Officer, MD Live. “By connecting with doctors via phone or video calls, we can empower ASCAP members to take control of their health without sacrificing convenience.”
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