Earlier this week, UK society PRS for Music reported that collections were 1% down in 2010. Now US society ASCAP has reported its own financial results for last year, revealing that revenues were down 6% year-on-year to $935 million, although its payouts to members were down 2.1% to $845 million. ASCAP blamed the weak economy and a reduced interim radio rate for the decline, but promised to continue battling to secure royalties for its members.
Tools: platforms to help you reach new audiences
Tools: Kaiber
In the year or so since its launch, AI startup Kaiber has been making waves,…