PRS for Music just dropped its biggest quarterly payment ever to its members. The UK collection society shelled out over 274 million pounds to songwriters, composers, and publishers. That figure marks a four percent jump from the same period last year.
More than fifty-one thousand members got cash, with four hundred of them seeing royalty checks for the very first time. A solid chunk of the total, about ninety-eight million pounds, came from international collections. Streaming and broadcast revenue stayed strong, bringing in tens of millions from radio, video games, and platforms like Netflix and Disney+. Live performance payouts also sent nearly nine million pounds to creators.
The society's president, Crispin Hunt, framed these record numbers as essential support for working musicians, covering basics like rent and studio time. PRS paid over a billion pounds for the entire year, with international royalties showing massive growth over the past decade.
More than fifty-one thousand members got cash, with four hundred of them seeing royalty checks for the very first time. A solid chunk of the total, about ninety-eight million pounds, came from international collections. Streaming and broadcast revenue stayed strong, bringing in tens of millions from radio, video games, and platforms like Netflix and Disney+. Live performance payouts also sent nearly nine million pounds to creators.
The society's president, Crispin Hunt, framed these record numbers as essential support for working musicians, covering basics like rent and studio time. PRS paid over a billion pounds for the entire year, with international royalties showing massive growth over the past decade.
