ASCAP paid out $1.18bn to songwriters and publishers in 2019

US-based collection and licensing society ASCAP has reported that its revenues topped $1.274 billion in 2019, which marks a $47 million increase over 2018, and a fifth year of record-breaking financial results. Royalty distributions to ASCAP members in 2019 increased by $75 million, crossing the $1bn mark for a third year with $1.184bn in total royalties paid out.

Source: ASCAP paid out $1.18bn to songwriters and publishers in 2019

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