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