US collective management organization ASCAP and French counterpart Sacem have announced a new strategic partnership that will see the two CMOs share technology, expand digital licensing partnerships, bring together their member creators, and establish a new artificial intelligence working group .
The new partnership announced on Wednesday (October 30) builds on previous strategic collaborations between the two companies, including a 2022 Digital Licensing Partnership, under which Sacem represents ASCAP with EMEA The DSP negotiates and collects royalties.
Under the new agreement, this partnership will also expand to Asia.
The new partnership will also focus on technology innovation in an effort to “inject new value and efficiencies” into its processes and “maximize investment by sharing scale between the two organizations,” the two organizations said in a statement. to reduce costs.”
The goal of the technology partnership is to provide members with accurate service, more revenue and faster distribution.
Another pillar of the collaboration will be the formation of a new artificial intelligence working group to “address the challenges and opportunities of artificial intelligence for music creators.”
Business, technology and legal experts from ASCAP (American Society of Composers, Authors and Publishers) and Sacem (La Société des Auteurs, Comppositeurs et Editeurs de Musique) will work together to educate members on artificial intelligence and advocate for greater transparency and Fair artificial intelligence technology compensates creators. The working group will also explore the opportunities provided by artificial intelligence to enhance CMO infrastructure and business efficiencies.
“France and the United States have long recognized each other’s strengths, from the democratic ideals of liberty, solidarity and equality to the celebration of the diverse musical traditions from around the world that have been introduced into our repertoire.”
Elizabeth Matthews, ASCAP
Ultimately, the partnership will bring artist members from both organizations together through a series of song camps, social events and educational activities to “help…members succeed on the global stage.”
“I am delighted to strengthen the transatlantic partnership between ASCAP and Sacem and to work with [Sacem CEO] Cecil [Rap-Veber] Represent our songwriter, composer and publisher members in innovative ways to protect and maximize the value of musical works. Elizabeth MatthewsCEO of ASCAP.
“France and the United States have long recognized each other’s strengths, from the democratic ideals of liberty, solidarity and equality to the celebration of the diverse musical traditions from around the world that have been introduced into our repertoire.”
Rap-Veber added: “This strategic alliance is a perfect fit for our two non-profit collective management organizations and reinforces the strong relationship of trust between Sacem and ASCAP.”
“At a time when the music ecosystem is undergoing profound change, Beth and I believe that our shared values and our commitment to innovation, data optimization and artificial intelligence working together will be important levers to create greater value for our work,” he said. Protect rights holders in the most cost-effective manner.
“This strategic alliance is a perfect fit for our two non-profit collective management organizations and reinforces the strong relationship of trust between Sacem and ASCAP.”
Rapp Weber (Sacem)
ASCAP and Sacem both reported record high allocations to members in their most recent annual reports.
ASCAP advisory US$1.737 billion 2023 collection, most Annual increase of 14.1%the total distribution $1.592 billion to exceed 1 million Songwriter, composer and publisher.
Total number of collections reported by Sacem 1.487 billion euros ($1.61 billion) By 2023, 5% year-on-yearand 1.233 billion euros (US$1.335 billion) paid to 458,000 Writer, composer and publisher.global music business
