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ASCAP Overcomes Pandemic To Collect $1.327 Billion In 2020 Revenue
March 10, 2021 at 1:20 AM (PT)
ASCAP Shatters Record.. Again
ASCAP overcame the unprecedented events of 2020 to continue its record-breaking revenue streak, collecting more than $1.327 billion in revenues, a $53 million increase over 2019.
2020 marked the sixth year of ASCAP’s strategic plan to transform its business and grow revenues. During the execution of the strategic plan from 2015 through 2020, ASCAP exceeded performance goals and drove revenues to a 6% compound annual growth rate and ASCAP distributions to a 7% compound annual growth rate.
ASCAP overcame the unprecedented events of 2020 to continue its record-breaking revenue streak, collecting more than $1.327 billion in revenues, a $53 million increase over 2019.
2020 marked the sixth year of ASCAP’s strategic plan to transform its business and grow revenues. During the execution of the strategic plan from 2015 through 2020, ASCAP exceeded performance goals and drove revenues to a 6% compound annual growth rate and ASCAP distributions to a 7% compound annual .