In 2022, the total funds available for domestic distributions of ASCAP US-licensed and administered performances exceeded $1 billion for the first time, totalling $1.048 billion, up by $136 million from 2021.
The company’s success in identifying, matching, and processing trillions of musical performances has resulted in a higher royalty rate for members in each quarter. Royalty distributions to ASCAP members have exceeded $1 billion for the sixth consecutive year, with $1.388 billion available for distribution to ASCAP’s music creator and publisher members in 2022. Additionally, ASCAP has maintained its status as one of the most efficient PROs in the world, delivering 90 cents of every dollar back to its members as royalties. General licensing revenue increased by 40%, radio by 32%, audio streaming by 16%, and audio-visual by 7%, the second year in a row that ASCAP’s domestic revenues from US-licensed performances exceeded $1 billion. In 2022, ASCAP experienced growth in all major licensing categories, with domestic revenue increasing by 16.5% to reach $1.178 billion. Since implementing a growth plan in 2015, ASCAP says it has seen positive results with total revenues growing by 6% annually and total distributions to members by 7% annually despite the COVID-19 pandemic. ASCAP also works closely with affiliate African societies such as the Southern African Music Rights Organisation (SAMRO) and the Uganda Performing Rights Society (UPRS).
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