The MLC reports more than $400 million in adjusted royalties were underpaid between 2018 and 2022, but the actual amount still left to be paid out is likely smaller.
The coalition is calling for a reversal of a court ruling that found U.S. artists should get an equal share of public performance and broadcast royalties generated in the EU.
After Billboard reported that BMI may sell, ASCAP began posting on social media, highlighting its distinctions from its competitor.
In a letter to BMI CEO and president Mike O'Neill, songwriter groups ask for "real, substantive answers" about how its new business moves will affect signees.
The Radio Music Licensing Committee is still awaiting the outcome of appeal, in effort to combine the processes and pit the PROs against each other.
The sold-out event was created to "inspire, educate, and connect" aspiring ASCAP songwriters with the industry's top talent.
In May, the performance rights organization won a 138% increase for songs performed at live events.
The organization collected $1.54 billion in 2022, 34% more than in 2021, and distributed $1.15 billion — a 19% increase over the previous year.
The American Music Fairness Act was advanced by the House Judiciary Committee, though the bill is unlikely to pass before the new session of Congress convenes next month.