ASCAP Has A New Licensing Agreement With Rhapsody
April 26, 2012 at 7:28 AM (PT)
ASCAP (AMERICAN SOCIETY OF COMPOSERS, AUTHORS AND PUBLISHERS) and RHAPSODY have reached a new agreement for the RHAPSODY subscription streaming music service with a two-year license for 2012 and 2013. The license allows RHAPSODY to perform publicly the works of more than 430,000 songwriter, composer and music publisher members of ASCAP.
"It's especially gratifying to have concluded this new agreement with RHAPSODY in a highly cooperative manner. RHAPSODY is today a prime example of a digital music service that is committed to providing a great music experience for consumers while paying its fair share to songwriters, composers and music publishers," said ASCAP VP/New Media & Technology MATTHEW DEFILIPPIS.
"This license agreement enables us to fairly compensate ASCAP songwriters, composers and music publishers for performances of their works on RHAPSODY while maintaining a healthy, stable business model that will further the growth of the digital music industry," said RHAPSODY Sr. Dir./Music Licensing ADAM PARNESS. "We are pleased to work with ASCAP and its members. The combination of ASCAP's vast repertory of works from across the musical spectrum with our constantly evolving and innovative streaming service delivers an incredible listening experience to our growing audience of subscribers."