NASHVILLE, Tenn. /Music Industry Newswire/ — ASCAP has announced a chartering agreement with Netflix. As settled by a organization: “Good news for ASCAP members…ASCAP recently resolved a chartering agreement with Netflix, that is changeable a categorical business from earthy DVD rentals to a streaming video service. Netflix, a many renouned Internet subscription use for examination cinema and TV shows, accounts for 61% of digital film examination in a U.S., according to record website GigaOm.”
The change from earthy DVD rentals to subscription-based streaming services represents a new and fast-growing source of income for ASCAP members. ASCAP shortly expects to interpretation permit agreements with Hulu and Amazon, also really renouned streaming audiovisual services.
In new weeks, we also announced permit agreements with digital streaming song services Spotify and Turntable.fm. These newly protected services join a some-more than 18,0000 already licensed, trimming from start-ups to a biggest players on a Internet and mobile networks.
Article source: http://musicindustrynewswire.com/2011/08/11/min4283_185127.php