Following a settlement between HBO and BMI, ASCAP and Showtime have reached accord over music fees for movies shown on the cabler from Nov. 1, 1982, to Nov. 1, 1984.
New York Federal Judge Charles Tenney approved a settlement Jan. 15 that mandates Showtime’s payment of $4.7 million to ASCAP at the end of the year. ASCAP will then distribute the money to its members.
Attorneys for both sides estimated that the payment works out to about 15¢ to 25¢ per subscriber. Still at issue is the rate and structure of payment for cable services to ASCAP from January 1989 on.