ASCAP and Sacem Form Strategic Alliance to Boost Songwriter Earnings
ASCAP and Sacem have announced a strategic partnership aimed at increasing revenue for music creators and publishers through enhanced data infrastructure and expertise collaboration.
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The alliance between these non-profit collective management organizations focuses on four key areas:
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Income Innovation: Streamlining processes and sharing investments to deliver more accurate services and faster payments to members.
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Digital Market Expansion: Building on successful monetization in Europe, Middle East, and Africa, with plans to extend into Asian markets.
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AI Task Force Development: Creating a joint team to address AI challenges and opportunities, focusing on creator compensation and infrastructure improvements.
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Global Collaboration: Organizing song camps, networking events, and educational programs to foster international creative partnerships.
Both organizations achieved record-breaking financial results in 2023 and have previously collaborated on successful projects, including ISWC/ISRC linking technology (2017) and digital licensing partnerships (2022).
The partnership launched with an exclusive reception in Los Angeles, bringing together ASCAP's women film composers and Sacem members, demonstrating their commitment to fostering international creative relationships.
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