The organization collected $1.54 billion in 2022, 34% more than in 2021, and distributed $1.15 billion — a 19% increase over the previous year.
The deal also includes the majority of the song catalog of his son, Grammy winner Gary Scruggs.
The singer-songwriter is fresh off the release of his third solo album.
Chapman, who is credited as the song's sole writer of "Fast Car," also owns its publishing rights.
The National Music Publishers' Association has elected a new board, including newcomers Laura Veltz and Jeff Pachman.
The hitmaker has worked on multiple tracks with the breakthrough rapper, including "Munch (Feelin U)" and her "Karma" remix with Taylor Swift.
President/CEO David Israelite says performance revenue fell below 50% of total revenue for the first time due to "significant" growth in other categories.
After years of demanding that Twitter license music, the NMPA's members are filing a sweeping lawsuit that says the platform "harms music creators."
The stories are almost as good as the songs that got them here.
The performing rights organization has announced a number of programs to address AI, including the ASCAP Lab Challenge and multiple panels and events.
