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# ASCAP Reports Record $1B Revenue Fueled By 41% Increase In Streaming Income
- URL: https://www.hypebot.com/ascap-reports-record-1b-revenue-fueled-by-41-increase-in-streaming-income/
- Published: 2017-04-05T08:37:46.000Z
- Updated: 2017-04-05T08:37:46.000Z
- Description: ASCAP has announced the collection of record-high revenues of $1.059 billion in 2016 and distributed more than $918 million to its songwriter, composer and music publisher members. Distributions were up 5.6%. Continue reading [https://www.hypebot.com/hypebot/2017/04/ascap-reports-record-1b-revenue-
- Author: Bruce Houghton
- Tags: Music Business, Songwriting & Music Publishing, 24/7 Wall St., Abuja, Donald Trump, Exchange rate, Federal Reserve System, JPMorgan Chase, Price of oil, U.S. Dollar (USD), United States, United States dollar, #wp, #wp-post, #Import 2026-01-21 10:13

[![Ascap-new logo](http://hypebot.typepad.com/.a/6a00d83451b36c69e201bb098d0a35970d-200wi "Ascap-new logo")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201bb098d0a35970d-popup?ref=hypebot.com)ASCAP has announced the collection of record-high revenues of $1.059 billion in 2016 and distributed more than $918 million to its songwriter, composer and music publisher members. Distributions were up 5.6% over the prior year.Revenues from ASCAP’s licensing efforts in the U.S. grew nearly 6% in 2016 to $759 million, up $42.2 million over 2015, fueled primarily by a 41% increase in revenues from audio streaming services as well as higher revenues from satellite radio and general licensees, such as bars, clubs and concerts. Foreign revenues totaled $300 million, up $1.5 million year over year in U.S. dollars. ASCAP's international revenues would have exceeded last year’s performance by $12.9 million had it not been for the strengthening U.S. dollar which resulted in lower foreign exchange rates. Domestic distributions of $631 million from ASCAP-licensed and administered performances in the U.S. grew nearly 10%, up $55.5 million over 2015.ASCAP has 6000,000 members and operates on a not-for-profit basis with a 2016 operating expense ratio of about 12%.

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