PAUL WILLIAMS President and Chairman of the Board
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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. EXPO attendees will also be treated to intimate “in the round” performances from Don Felder (formerly of The Eagles), Brett James and Jonny Lang among others. There are still opportunities to get your music heard at the ASCAP EXPO. To find out more, go to www.ascap.com/expo. You may have noticed that your royalty statement contains less paper than usual. It’s all part of ASCAP’s continuing efforts to minimize our impact on the environment. From now on, mailed statements will only include the cover page and the appropriate summary page for each member, along with your check or direct deposit confirmation, current distribution total and year-to- date earnings total. You can still get your full statement, including performance details in both PDF and CSV formats, via your Member Access account. If you haven’t already done so, activate your Member Access account now at https://members.ascap.com. It’s quick, it’s easy, and provides greater access to your ASCAP information than ever before. Available free of charge to all ASCAP members, it’s the best possible online tool to help you manage and monitor your ASCAP business. As a reminder, Publishers have until December 31, 2012 to raise any issues relating to the crediting of Survey Year 2011 perfor- mances. Please refer to this statement and the statements from June, September and December 2011, which collectively cover performances in survey year 2011, to make any claims. On behalf of the Board, management and staff of ASCAP, I want to thank you for allowing us to represent you. Paul Williams AMERICAN SOCIETY OF COMPOSERS, AUTHORS & PUBLISHERS ASCAP Building, One Lincoln Plaza, New York, NY 10023 Phone: 212.621.6000 Fax: 212.721.0955 7920 West Sunset Boulevard, Third Floor, Los Angeles, CA 90046 Phone: 323.883.1000 Fax: 323.883.1049 Web Site: www.ascap.com.