the article also mentions — with caps — BMI. But Ascap is Times style, as given in the paper’s Manual of Style and Usage. Merriam-Webster’s Collegiate has the acronym in caps, as does ASCAP’s website. Why Ascap, Times?
June 5: Why Ascap? The Manual of Style and Usage entry for acronym explains: “When an acronym serves as a proper name and exceeds four letters, capitalize only the first letter: Unesco, Unicef.” But then there’s FERPA. Or is it Ferpa?