PRS for Music announces record high collections and distributions for 2017

PRS for Music, a UK collection agency, announced that it paid out record royalties to its members last year. The group’s 2017 payouts totaled £605.1 million, up 14.7% from the 2016 amounts. PRS said that 6.6 trillion performances were reported last year, a 53% on-year increase that led to a record-high collection total of £717 million. Continue Reading

BASCA backs PRS for Music in SoundCloud suit

Yesterday, we reported on PRS for Music’s lawsuit against SoundCloud. Today, the plaintiff got a statement of support from their fellow Brits at BASCA. “We acknowledge that streaming is a fantastic means of listening to and enjoying music but SoundCloud’s intransigence in refusing to be licensed through PRS For Music means their model financially damages our members,” CEO Vick Bain said. Continue Reading