PAUL WILLIAMS President and Chairman of the Board March 2013 Dear Publisher Member, Enclosed Is
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!"#$%&'$$'"() !*+,-.+/0%1/.%231-*41/%56 %03+%751*. March 2013 Dear Publisher Member, Enclosed is your final domestic publisher statement for the 2012 survey year. This statement covers performances from July through September 2012, as well as the full survey year of symphonic, recital and educational concert performances. For the first time, we are including distributions for our new ASCAP OnStage program – an opportunity for you to receive royalties when your music is performed live at venues of all sizes, throughout the country. In addition, we have significantly expanded our survey of satellite radio performances on Sirius XM. I am pleased to announce that ASCAP distributed over $827 million in royalties to our members in 2012, making it the fifth year in a row that ASCAP distributed in excess of $800 million, for a total of over $4 billion paid to ASCAP members. No other performing rights organization can make that claim. ASCAP maintained its high level of royalty payments through careful financial management, which anticipated revenue declines from the radio industry and background music services resulting from the DMX rate court decision. At $941 million, annual revenues were strong – the third highest ever – but down 4.5% from 2011. Cable revenues were up 20%, foreign revenues remained strong, new media and general licensing revenues grew, and our operating expense ratio was down to 11.3% – all factors in mitigating the radio and background service declines. In 2013 and beyond, we look forward to year- over-year revenue growth in domestic revenues and continued strength in foreign revenues. ASCAP music is more popular than ever, especially through the proliferation of online and wireless services. We are navigating in a rapidly changing environment in which huge, cash-rich technology companies are developing business models that fly fast and free with our copyrights. Only a thriving community of songwriters and composers - who can make a decent living from their work - can ensure a vibrant music eco-system. ASCAP’s advocacy efforts are, as always, a critical factor in ensuring fair treatment and payment for your work. We recently went public with our first wave of panelists for the 2013 ASCAP “I Create Music” EXPO, and I couldn’t be more thrilled by the amazing roster of talent. Our keynotes include an interview with Aerosmith’s Steven Tyler and a conversation between Lionel Richie and Ne-Yo. We’ll have master sessions with Steve Lillywhite, Diplo and Big Sean, No I.D., Savan Kotecha, James S. Levine, Nico Muhly, RJD2 and Ken JorDan of The Crystal Method; Darrell Brown and Priscilla Renea will hold one-of-a-kind interactive master sessions. And you’ll get insights and career advice from pros from across the genre spectrum, including Akon, Michael Brook, JuDy Collins, Brett James, Nathan Johnson, Ledisi and Mike Posner. We have more than 150 star music creators and industry pros lined up to educate and inspire you, and more to come. We also have several opportunities for you to get your music heard at the EXPO. It’s all coming up April 18-20, so register soon at www.ascap.com/expo. Thank you for allowing ASCAP to represent you and your music. We’re proud to have you with us. Sincerely, Paul Williams !"#$%&!'()*&%#+,(*-(&*".*)#$)/(!0+1*$)(2(.034%)1#$) !"#!$%&'()*(+,-%.+/%0(+12)+%$)343-%5/6%7289-%57%:;;<=%%$>2+/?%<:<@A<:@A;;;%%B3C?%<:<@D<:@;EFF DE<;%G/HI%"'+H/I%&2')/J38*-%K>(8*%B)228-%02H%!+,/)/H-%#!%E;;LA%%$>2+/?%=<=@MM=@:;;;%%B3C?%=<=@MM=@:;LE G/N%"(I/?%666@3H13O@12P .