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Collective Management Organisations

PRS for Music moves to new headquarters near London Bridge

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British rights society PRS for Music has moved its headquarters to London Bridge, Southwark, within the listed Hay’s Galleria 17th Century arcade, in a move that will save the society £1 million annually. The society, which represents over 155,000 songwriters, composers, and music publishers, used to be located in the King's Cross neighbourhood in London.

Mayor of Southwark, Councillor Barrie Hargrove, opened the new headquarters at a ribbon-cutting ceremony alongside PRS for Music CEO, Andr...

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Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

Collective Management Organisations

Vietnam’s music rights society VCPMC plans to collect $9.7m in 2022

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The Vietnam Center for Protection of Music Copyright (VCPMC) has disclosed that since its creation in 2002, it has collected over VND1 trillion ($42.2 million) in royalties.

VCPMC said it collected VND160 billion (6.7m) in 2021, and plans to collect VND230 billion ($9.7m) this year, according to Dinh Trung Can, Director General of VCPMC.

VN Express explained that the music genre generating the most royalties was "revolutionary music," followed by pop music, and classical music.

Can s...

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Collective Management Organisations

Analysis: BMI strong financial performances are a good omen for the future of music rights

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The figures released by US rights society BMI this week, showing a significant rise in both collection and distribution of royalties, is good news for the music rights sector.

Most companies report their figures covering the calendar year. Not BMI, which has a fiscal year from July 1 to June 30. If you put it in the context of the post-pandemic calendar, this represents a full year without lockdowns or other side effect from Covid. In other words, it is almost as if BMI had been wo...

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Collective Management Organisations

PRS for Music joins forces with KOMCA to ensure that Korean OTT services secure licenses and remunerate creators

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British music rights society PRS for Music has joined the efforts from sister society Korea Music Copyright Association-KOMCA in South Korea to ensure that authors and composers get paid when their music is streamed, downloaded, broadcast, performed and played in public.

PRS has filed a petition with the Seoul Yeongdeungpo Police Station on Sept. 5, according to local newspaper The Korea Herald, asking for authorities to act against local streaming platforms using music without having the pr...

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