ASCAP Announces Record Breaking Revenue of $1.9B and Highest Ever Royalty Distributions of $1.75B for 2025.
ASCAP announced today another year of record-breaking revenue collections and royalty distributions in 2025. ASCAP delivered $1.945 billion in revenue in the 2025 calendar year, an increase of $110 million, or 6.0% over 2024 with $1.759 billion available for royalty distributions to its ASCAP music creator and publisher members, an increase of $63 million, or 3.7%.
This is the highest amount of revenue and royalty distributions ever reported by ASCAP. ASCAP operates without debt and has the lowest overhead rate in the US at 10%. ASCAP is the only US PRO not owned by private equity or outside investors, meaning that ASCAP’s songwriter, composer and publisher members are the sole beneficiaries of ASCAP’s financial growth.
ASCAP delivers 90 cents of every dollar collected back to its members as royalties and does not charge a commission or take a profit. Instead, according to its unique governance and operating principles, after deducting expenses, ASCAP then distributes remaining dollars as royalties to its songwriter, composer and music publisher members.
In 2025, ASCAP increased the value and monetization of its members’ music with domestic revenue from US-licensed performances totaling $1.471 billion, an increase of 5.3%, or $74 million, year-over-year. Revenues from streaming audio, radio and general licensing drove the increase. Collections from foreign revenue for the exploitation of the public performances of the ASCAP repertory also increased to a total of $474 million, up by $36 million, or 8.2%.
The record high of $1.759 billion available for royalty distributions included $1.304 billion from US-licensed and administered performances, with $37 million distributed through Songwize, ASCAP’s royalty administration service provided to ASCAP members who directly license their works. Distributions from public performances outside of the US grew to $455 million, a 10.6% increase over 2024.
In the last 10 years of ASCAP’s strategic growth plan, 2015 – 2025, ASCAP has generated a compound annual growth rate (CAGR) for total revenue of 6.7%; and for total distributions, a CAGR of 7.3%.
ASCAP CEO Elizabeth Matthews said: “ASCAP remains a powerful advocate for creators facing an increasingly uncertain economy and rapidly shifting music landscape. While creators are under attack globally by disruptive technologies and opportunistic private businesses, ASCAP’s sole focus is to serve our members. We deliver on that mission every single day.”
ASCAP Chairman of the Board and President Paul Williams said: “ASCAP once again delivered historic record-breaking revenues and distributions. We showed the world that our fierce commitment to putting creators first is our number one imperative. Songwriters know they belong at ASCAP and that we always have their back.”
In 2025, ASCAP welcomed over 80,000 new members as the total membership surpassed 1.1 million. Among the top music creators who switched to ASCAP from other PROs in 2025 were EJAE, Rosé, The 1975, Lola Young, Myles Smith, Johnny Marr, Boy George, Michael Pollack, Tyler Johnson, Robin Carolan and Daniel Blumberg, among many others.
ASCAP represents and aggregates copyrights in cost-effective, efficient blanket licenses from the most iconic music creators in the world, including Beyoncé, Billy Joel, Cardi B, Chappell Roan, Charli XCX, Chris Stapleton, Dua Lipa, Garth Brooks, Jay-Z, Jimi Hendrix, Joni Mitchell, Katy Perry, Lil Baby, Lin-Manuel Miranda, Marc Anthony, Mariah Carey, Neil Young, Olivia Rodrigo, Paul McCartney, Stevie Wonder and Usher, among many others.