Yes, its all covered under ASCAP, however, not all artists participate for various reasons generally pertaining to control, legal issues surrounding a songs copyright or what have you. The use of music videos in-stadia is a different issue altogether and is not covered by ASCAP, which was the issue Black Water had/has. Osbourne, Rhoads & Daisley are credited with writing the song & thus hold the copyright, Royalties usually but not always split equally.
That particular song was also used by the crazies from the Westboro Baptist Church out of Kansas in an anti-gay protest, the lyrics changed to "Your going straight to Hell on your Crazy Train" etc etc etc at a protest in Washington just last year. Osbourne went "crazy" on their *****, threatening all manner of pox & plague on their houses, however as it was sung a-cappella and in parody for non-commercial use nor recorded not much he could do about it. Another standard arena anthem, Gary Glitters Rock & Roll (Part One & Two) which was heavily sampled through the 80's & 90's in NHL arenas' was dropped en-masse' when it was discovered the man was beyond the twist...