Great is ASCAP (the American Society of Composers, Authors and Publishers). To ASCAP belong about 1,450 composers and writers and about 130 music publishing houses in the U. S. ASCAP holds the performance rights to their works. ASCAP collects royalties for its members, deducts about 20% for operating overhead, 10% more for the 20 foreign performing-rights societies with which it is affiliated. What is left is allocated, 50-50, between composers and writers and publishers. Distribution to individuals is arbitrary, based not upon number of performances but upon ASCAP's fixed ratings.
Radio, the juiciest source of ASCAP royalties, pays the society monthly on...
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