The American Society of Composers, Authors and Publishers is adding information on the percentage share of performance rights it represents to its database of more than 10 million compositions.
The update to its website comes as the Department of Justice conducts a review of the consent decree under which ASCAP and BMI have operated since 1941. ASCAP said that the data will show what percentage of fractional shares to each copyrighted composition is “controlled by ASCAP.” ASCAP says that the information will support their request for changes in the consent decree to allow more flexibility to its members, such as withdrawing certain digital rights from the repertory to allow for direct negotiation.
“If public performance rights societies are going to survive and thrive in a global music economy driven by data, then we must be willing to be fully transparent regarding what shares of songs we are licensing,” said ASCAP CEO Elizabeth Matthews.
ASCAP has 555,000 members.