Within the 2021 total, “revenue from U.S. licensed performances” cracked $1 billion for the first time, higher-ups disclosed, as domestic revenue, at $1.011 billion, hiked $42.5 million YoY. However, revenue from foreign societies fell by almost 10 percent YoY, to $323.5 million, “due largely to business closures and the lack of vaccinations,” ASCAP said.
Source: ASCAP Reports $1.34 Billion in 2021 Revenue, $1.25 Billion Distributed