Monthly Archives: March 2007

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ASCAP posts record profits

The performance rights organization ASCAP today announced that it has record revenues of $785 million for the fiscal year 2006, with royalty payments to its members in the amount of $680 million.  This represents a 5% increase over revenues for the previous fiscal year.  According to ASCAP, revenues from Internet and wireless license agreement grew [...]

By |2007-03-07T14:34:04-05:00March 7th, 2007|Music Row News|Comments Off on ASCAP posts record profits