PAUL WILLIAMS President and Chairman of the Board
ASCAP PAUL WILLIAMS President and Chairman of the Board March 2012 Dear Publisher Member, Enclosed is your final quarterly domestic Publisher statement for the 2011 survey year, covering performances from July through September 2011. I am pleased to announce that ASCAP collected $985 million in revenues for calendar year 2011, the second highest revenues in the organization’s history, and an increase of 5.4% over 2010. This includes a $50 million increase in foreign revenues over 2010. Our distributions to members were $824 million, marking the fourth year in a row that distributions exceeded $800 million, delivering a total of $3.3 billion to our members. This news is clear proof that the demand for your music is enormous, and growing by leaps and bounds, both domestically and abroad. It’s also encouraging to know that ASCAP’s advocacy throughout the world is paying off. As songwriters and composers, we depend on the efficiencies of ASCAP to manage our performing rights in a rapidly changing global economy. ASCAP remains among the most efficient PROs in the world, with an operating expense ratio of 11.9%, down two percentage points over last year. We recently announced our first wave of panelists and speakers for the 2012 ASCAP “I Create Music” EXPO, and what a phenomenal group it is! Our keynote speakers this year include Carly Simon, Peter Frampton and superstar writer/producer team The Smeezingtons (Bruno Mars, Philip Lawrence and Ari Levine). Desmond Child, Dan Wilson, Darrell Brown, Allen Shamblin and Mark Isham will all hold insightful Master Sessions. Also participating is a variety of music creators from all across the genre spectrum: Deana Carter, DJ White Shadow, George Duke, Toby Gad, Siedah Garrett, Sam Hollander, Ryan Leslie, Hillary Lindsey, Lin-Manuel Miranda, Trevor Morris, Heitor Pereira, Greg Wells, Malik Yusef and others, alongside well-known producers and veteran music industry executives.
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