ASCAP Appears to Reply to BMI Sale News With Social Media Campaign ...Middle East

American Society of Composers, Authors and Publishers (ASCAP) has launched a new social media campaign that appears to be in response to a recent Billboard exclusive that revealed that ASCAP’s main competitor, Broadcast Music, Inc. (BMI), may sell itself to a private equity firm. Sources say the potential deal has an estimated price tag of $1.7 billion. Just two days after the Billboard story was published on last Wednesday (Aug 23), ASCAP — which, along with BMI, is one of the largest U.S.-based performing rights organizations — posted a graphic on Instagram and X (formerly known as Twitter) that read: “ASCAP. Creato

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