New music license for TV. (Brief Article)

The Television Music License Committee has reached an agreement with ASCAP on a payment plan that puts an end to disputes over such matters as station use of per-program licenses. Over the 11 -year period covered by the agreement, the committee says the industry will pay $240 million less than it would have paid under the previous blanket license agreement. "Broadcasters now will be able to recognize any amounts accrued in excess of the amounts paid through 1992 as income, and can determine their ASCAP fees for 1993 and 1994 budgets with certainty," said Willard Hoyt, chairman of