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ON THE BMM COVER:
RICO WADE
ATL legend (6/17a)
KEN & FRIENDS FILL THE FORUM
High times in Inglewood (6/21a)
BEADS! FEEDS! TIKTOK EXPANDS TAY'S ERAS TOUR HUB
Collect 'em all (6/20a)
FESTIVAL FORECAST: IT'S MUDDY OUT THERE
Sloshing through the fun (6/20a)
WELCOME TO ATLANTA
Black Music Month in the ATL (6/18a)
THE GRAMMY SHORT LIST
Who's already a lock?
COUNTRY'S NEWEST DISRUPTOR
Three chords and some truth you may not be ready for.
AI IS ALREADY EATING YOUR LUNCH
The kids can tell the difference... for now.
INDIE DISTRIBUTION'S RISE TO GLORY
The discovery engine is revving higher.
Blighty Beat
PRS SCORES A RECORD YEAR
4/25/23

U.K. PRO PRS for Music collected a record £964m in 2022, a year-on-year increase of 22.9%. The figure is also up 18.9% on the previous high achieved pre-pandemic.

Last year, PRS paid out £836.2m royalties to its 165k writers, composers and music publishers globally. The distribution is up 23.5% over 2021’s £159m.

Music streaming counted for 85% of overall online royalties at £284.3m, rising 25% year-on-year. Royalties from music downloads fell 75% to £600k.

Live music counted for £62.7m of royalties, up 683% on 2021 when the live business was struck down by COVID-19. It’s a rise of 16% from 2019.

Overall revenues from public performance represented the largest year-on-year increase in 2022, up 66.4% to £228.9m.

The results are a result of “ambitious licensing strategy and utilizing our joint ventures,” PRS for Music CEO Andrea Czapary Martin said. “Our investment in new technologies and services means we can pay out royalties more quickly and accurately, delivering the best possible service to members at a market leading low cost-to-income ratio.”