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SESAC

 
Hoover's Profile: SESAC, Inc.
Contact Information
SESAC, Inc.
55 Music Sq. E.
Nashville, TN 37203
TN Tel. 615-320-0055
Fax 615-329-9627

Type: Private - Association
On the web: http://www.sesac.com
Employees: 126

SESAC says if you wanna play, you gotta pay. The not-for-profit is one of three performing rights organizations (PRO) that issue licenses to establishments (TV and radio stations, restaurants, hotels, etc.) for copyrighted music. SESAC, with offices in New York, London, Los Angeles, Miami, and Nashville, works on behalf of performing artists and songwriters to detect unlicensed playing of songs, collect royalties, negotiate licenses, and pay performers. License seekers pay fees based on such factors as when and how often they intend to use the music. SESAC is the smallest PRO, behind BMI and ASCAP, and therefore cultivates independent and new artists along with standard fare. The group was founded in 1930.

Key numbers for fiscal year ending December, 2008:
Sales: $70.0M

Officers:
Chairman and CEO: Stephen C. Swid
President and COO: Pat Collins
VP Information Technology: Michael Eck

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Wikipedia: SESAC
Top
SESAC
Type Private
Founded 1930
Headquarters Nashville, Tennessee
Website http://www.sesac.com/

SESAC, originally the Society of European Stage Authors & Composers, is the smallest of the three performance rights organisations in the United States. SESAC was founded in 1930, making it the second-oldest performing rights organization in the U.S. SESAC is also the fastest-growing PRO in the United States. Based in Nashville, Tennessee, SESAC deals with all aspects of the business, from creation to licensing and administration. The company also has offices in New York City, Los Angeles, London, Atlanta and Miami. [1]

SESAC touts its small size:

If the phrase 'quality vs. quantity' ever mattered, SESAC is the place. While SESAC is the smallest of the three U.S. performing rights organizations, size is its largest advantage. SESAC prides itself on developing individual relationships with both songwriters and publishers. [1]

Whereas ASCAP and BMI operate on a not-for-profit basis, SESAC retains some income as profit. [2] While ASCAP and BMI distribute all income from performance royalties to their composer and publisher affiliates (less an administrative fee), SESAC retains an undisclosed amount of performance royalty income.[citation needed] SESAC is also unique among the US performing rights organisations in that it does not offer open membership – one must be approved to join. [3]

SESAC originally strove to support underrepresented European stage authors and composers, hence the original name. As this objective diminished, the company has represented a wider range of writers and genres. SESAC's affiliates roster includes Bob Dylan, Neil Diamond, Robert Johnson, Bryan-Michael Cox, Nate "Danja" Hills, Rush, Coheed & Cambria, Young Love, The Faint, Rapture, and more.[4]

External links

References

  1. ^ a b About us. SESAC. Retrieved on 2007-07-20.
  2. ^ Music in the Maqrketplace. Better Business Bureau. Retrieved on 2007-07-20.
  3. ^ How to affiliate. SESAC. Retrieved on 2007-07-25.
  4. ^ SESAC Repertory

 
 
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