ASCAP Reports Record Revenues
ASCAP has reported record revenues of $785 million for 2006, royalty payments to members of $680 million, and an all-time low operating expense ratio of 12.0%, the performing rights organization revealed. Revenues exceeded those of 2005 by $37 million, showing a 5% growth. ASCAP attributes its performance to a number of factors: growing revenues from the licensing of existing and new music channels; operational efficiency; and the...
Universal Music Publishing Group Announces Deal With Eminem
Universal Music Publishing Group has inked a deal for a joint venture with Eminem’s publishing company, Shady Music Publishing. The joint is part of an agreement that also gives UMPG the exclusive, worldwide administration rights to new songs to be written by Eminem as well as tracks on his multi-platinum greatest hits collection, “Curtain Call,” the latest Shady Records offering “Eminem Presents: The...
Coupon Codes Built Into Your Browser + Earn Money On Your Online Purchases!
