Home Industry News ASCAP Delays Writer Distributions for Weeks as Licensing Revenue Tanks
Performance rights giant ASCAP is now delivering some bleak news to member writers and publishers.
Perhaps this was inevitable, but PRO giant ASCAP is now feeling the serious ripple-effects of a shuttered United States. In a letter sent to members earlier this week — and shared with Digital Music News — ASCAP chief executive Elizabeth Matthews bluntly warned that “every category of ASCAP collections will be negatively impacted, including television, cable, radio, airlines, hotels, bars, grills and restaurants,” while seriously delaying a scheduled artist payout date of April 6th.
Read More: https://www.digitalmusicnews.com/2020/04/06/ascap-delays-revenue-covid/