The American Society of Composers, Authors and Publishers (ASCAP) has reached a $1.75m Settlement Agreement with the U.S. Department of Justice addressing two specific concerns raised during the Department’s ongoing review of the ASCAP Consent Decree.
Although ASCAP has admitted no wrongdoing, it has agreed to scrap exclusivity clauses in some historical agreements with members – while pointing out that such provisions have never been enforced.
Source: ASCAP scraps exclusivity clauses as it settles for $1.75m with DoJ – Music Business Worldwide