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January 22, 2010

ASCAP Member Alert - Mechanical Royalty Settlement

A comprehensive Memorandum of Understanding between the NMPA (National Music Publisher Association) and RIAA (Recording Industry Association of America), known as the NMPA Late Fee Settlement Program, includes a Settlement for Pending and Unmatched mechanical royalties. This could mean additional allocated mechanical royalties for ASCAP Members from a special $275 million fund administered by a designated independent Program Administrator. Music publishers who owned or administered works released by major labels between 2000 and 2008 may be entitled to receive compensation through the settlement of these pending and unmatched funds owed to the publishers by the major record labels. To learn if you are a publisher who might qualify and submit a Program Registration Form, go to www.nmpalatefeesettlement.com or call the NMPA at 866-249-8110.
The form must be submitted by February 14, 2010.

Because ASCAP is not involved in mechanical rights, please be advised that we were not a part of this settlement and can only direct you to the NMPA for answers to questions you may have.

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