ASCAP, the only performing rights organization in the U.S. to operate on a not-for-profit basis, delivered a record-breaking $1.835 billion in revenue in the 2024 calendar year, an increase of $98 million, or 5.7% over 2023, with $1.696 billion available for royalty distributions — up by $104 million, or 6.5%. The numbers mark the highest amount in revenue and royalty distributions to creators and music publishers in ASCAP’s history.
Source: ASCAP Posts Record-Breaking $1.835 Billion in Revenue for 2024