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Anyone concerned with royalties taking a hit with the virus?
Old 1 day ago
  #31
Q: Will I still get royalty distributions from ASCAP?

A: Even while ASCAP offices are closed, ASCAP is still very much up and running and working for you. Our domestic publisher royalty distributions went out on March 20th, and we are working hard to get our domestic writer distributions out in April. Please understand that our U.S. licensee customers and foreign partners have experienced immediate and material challenges in their businesses. As a result, revenue to ASCAP will decrease during this time and, therefore, your royalty distributions will decrease as well. While we cannot put a figure on this right now, we will keep you updated as events unfold. For more info on how to keep your ASCAP royalties flowing, CLICK HERE. And you can always reach out to our Global Member Services team for support, should you have any questions or concerns about your statements.
Old 1 day ago
  #32
Lives for gear
 
Jeff Hayat's Avatar
 

Funny. I called Member Services in NY this morning, and was told that we would not be seeing a decrease in royalties.

Or, not so funny.
Old 1 day ago
  #33
Here for the gear
 

Quote:
Originally Posted by Jeff Hayat View Post
Funny. I called Member Services in NY this morning, and was told that we would not be seeing a decrease in royalties.

Or, not so funny.
True.

You will still get paid all your royalties.
They may or may not go down, which may or may not be caused by the virus panic/scare.
Old 1 day ago
  #34
Gear Head
 

trAshSCAP
Old 19 hours ago
  #35
Quote:
Originally Posted by capt logic View Post
You will still get paid all your royalties.
Pinkie swear on it.

Old 13 hours ago
  #36
Lives for gear
 

If the royalties decrease, it's because of an executive decision, not due to the virus.

TV based royalties are basically automated. Yes, humans are still required to answer questions about missing royalties and cue sheets, mistakes, or under-payments, etc. but the data arrives electronically and is processed electronically. Now, if this happened in 1977, when everything was basically done by hand, sure. But 2020, when nearly everyone working in IT and data can log into to their servers remotely?

Also, I've seen figures that state TV viewing (not including streaming) are up 60% over pre-Coronavirus quarantines. If anything, our domestic TV royalties should be UP, not down, especially those that have music on hundreds and hundreds of popular TV shows, which are all in repeats and air continuously.

More viewers equals more ad dollars which (should!) equal higher royalty payments to composers. We'll soon know if that's true...
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