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Introduction

UK authors’ society PRS for Music has reported a record year for performance royalty collections, with all the main income sources registering a year-on-year rise.

Highlights

  • International royalties, the authors’ society’s biggest income source, crossed the £250m milestone for the first time, while broadcast revenue maintained the upward trend, with on-demand viewing consumption more than offsetting declines in linear TV viewing.

Features and Benefits

  • Details the latest financial results from UK authors' society PRS For Music.
  • Assesses royalty collections by source and examines sector growth trends.

Key questions answered

  • What is the biggest revenue source for UK music publishers and authors?
  • What share of collections last year came from digital sources?

Table of contents

Ovum view

  • Summary
  • Collection growth at home and abroad for PRS
  • Positive year for the three major domestic sectors
  • Rise in distributions and costs

Appendix

  • Author