ASCAP, YouTube Sign New Deal

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It’s a multi-year deal for U.S. public performance rights and data collaboration between the two companies. While details were not disclosed, ASCAP stated, “The mutual goal of this agreement is to work together to ensure that ASCAP members get paid more fairly and accurately for the use of their music on YouTube.”

ASCAP CEO Elizabeth Matthews said, “This agreement achieves two important ASCAP goals – it will yield substantially higher overall compensation for our members from YouTube, and will continue to propel ASCAP’s ongoing transformation strategy to lead the industry toward more accurate and reliable data. The ultimate goal is to ensure that more money goes to the songwriters, composers, and publishers whose creative works fuel the digital music economy.”

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