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By 1939 radio stations paid $4.3 million in licensing payments, based on advertising sales.
In 1939, ASCAP announced a substantial increase in the revenue share licensees would be required to pay.
The company estimated it analyzed over six million broadcast hours a year using its census and sampling system, 100 times the number of hours examined back in 1940.
…an alternative musical licensing agency, Broadcast Music Incorporated (BMI), designed to compete with ASCAP. In 1940 a rate increase dispute led to the filing of federal antitrust suits against both parties.
In 1942 the basic payment for local-station performances was four cents, and six cents per station for network performances.
In 1942 Billboard began tracking releases of "folk" records.
Lionel Newman wins an Academy Award for Hello, Dolly! A prolific, versatile composer, Newman began his career as Mae West’s piano accompanist before joining 20th Century-Fox as a rehearsal pianist in 1943.
In the late 1930s the Federal Communications Commission (created by the Communications Act of 1934) investigated the potential for a monopoly on broadcasting, and in 1941 it recommended that no single company own more than one network. As a result, NBC decided to sell its Blue network in 1943.
By 1944 it had been renamed the American Broadcasting Company (ABC).
About 1945 the appearance of television began to transform radio’s content and role.
Reinventing radio, 1945–60Postwar rebuildingGrowth of the BBCEconomic and political concernsThe rise of Top 40 radioThe FM phenomenonRadio in developing countries
On the management side of the organization, Carl Haverlin became BMI's first full-time, paid president in 1947.
So, in 1948, he instituted a suit against RCA and NBC, charging them with willfully infringing and inducing others to infringe on his FM patents.
In November 1953 a group of 33 composers claimed a conspiracy of broadcasters and producers was keeping "good music" from being recorded or aired.
In 1954 the organization created a new Concert Music Department and began sponsoring such events as the ten-concert festival on Music Mountain in the Connecticut Berkshire foothills.
In 1956 the plaintiffs, who called themselves "The Songwriters of America," took their case to Congress, where hearings were held to look into the involvement of radio and television networks in music publishing and promotion.
New initiatives, 1960–80FM growthPirates and public-service radioRadio in developing markets
It was one of the earliest formats of portable music listening -- but the real game-changer may have been the eight-track tape, invented in 1964 by Bill Lear.
By 1965 the organization claimed 9,000 songwriters and 7,000 publishing affiliates.
David Sarnoff: A Biography (first edition). New York: Harper & Row, 1966.
Neither those investigations nor the suit proved successful, although The Songwriters of America fought for 15 years before the suit was dismissed with prejudice in 1968.
American Broadcasting: A Source Book on the History of Radio and Television (first edition). New York: Hastings House, 1975.
The Golden Years of Broadcasting: A Celebration of the First Fifty Years of Radio and TV on NBC. New York: Scribner, 1976.
Soon, tapes could be played in cars -- and in 1979, Sony debuted the first major portable cassette player: The Walkman.
In 1985, they made history again, with King of Rock, rap’s first platinum album.
One of the first developments in that direction was the invention of the now-defunct 1-800-Music-Now, an order-music-by-phone hotline, in 1995.
He is inducted into the Rock and Roll Hall of Fame as a member of the Velvet Underground in 1996 and is cited as one of the most influential music makers in both punk rock and indie music.
Carbondale: Southern Illinois University Press, 2001.
The 2007 release of the iPhone was even more of a game-changer, with these formerly desktop-only apps offering a mobile option.
Winners of the 2013 Oscar for their original song “Let It Go” from the film Frozen, the win also landed Robert in the “EGOT” history book for being the 12th and youngest composer to win all four major annual entertainment awards: Emmy, GRAMMY, Oscar and Tony.
The company also distributes and administers a record $1.118 billion in royalties to its songwriters, composers and publishers, an increase of $95 million over 2017.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| The Recording Academy | 1966 | $83.0M | 10 | - |
| ASCAP | 1914 | $140.0M | 630 | 18 |
| Sony Music Publishing | 1955 | $21.9M | 65 | - |
| Warner Chappell Music | 1811 | $260.0M | 542 | - |
| Prometheus Global Media | 2009 | $13.0M | 750 | - |
| Atlantic Records | 1947 | $21.0M | 350 | - |
| HFA | 1927 | $18.1M | 140 | 4 |
| Peermusic | 1928 | $7.7M | 20 | - |
| SoundExchange | 2003 | $50.0M | 175 | 1 |
| RIAA | 1958 | $26.7M | 50 | - |
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