SUBSCRIBE FOR FULL CONTENT ACCESS: VIEW OFFERS
Connect with us

Collective Management Organisations

PRS for Music reports record revenues of £964 million in 2022, up 22.9% over 2021

Published

on

British rights society PRS for Music has reported record-breaking revenues, exceeding pre-pandemic levels, with collections of £964 million (€1.09 billion) in 2022, up 22.9% over the previous year, which was still impacted by the consequences of the Covid pandemic, in particular public performance rights.

The London-based society distributed £836 million in music royalties in 2022 to its authors, composers and publishers members, a 23.5% increase compared to 2021. "These results indicate a h...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

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

ADAMI pays tribute to its Director of Legal and International Affairs Blaise Lefeuvre

Published

on

French neighbouring rights society for performers ADAMI has reported that its Director of Legal and International Affairs Blaise Lefeuvre has died following an unspecified illness.

"ADAMI's teams, its Board of Directors, its President Anne Bouvier, for whom Blaise was in all their thoughts in recent months, are immensely sad to lose their comrade, colleague, and friend. Few words can express our dismay today," said the Paris-based organisation in a statement.

Lefeuvre joined ADAMI...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Collective Management Organisations

IMRO’s revenue reached an all-time high in 2023, up 8% year-on-year to €45.8 million

Published

on

The Irish Music Rights Organisation (IMRO) posted revenue of €45.8 million in 2023, up 8% compared to 2022. The Dublin-based society said financial results for 2023 reached an all-time high.

Media Licensing accounted for the largest share of revenue, up by 8% to €25.2m, driven primarily by "increases in online and international revenue." Collections from the live concert industry experienced "a significant resurgence," up 27% to €7. International revenue also witnessed "significant growth,"...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Collective Management Organisations

Greg Aiello replaces Andrea Gray as Managing Director of PPL PRS Limited

Published

on

British music rights society PRS for Music and neighbouring rights society PPL have appointed Greg Aiello as Managing Director of their joint venture PPL PRS Limited, which collects performance rights on behalf of borh organisations.

Aiello — who was Commercial Director at PPL PRS - takes over from Andrea Gray, who has decided "to step down" after almost five years in the job, according to a statement from PPL PRS. Gray was the inaugural leader of PPL PRS, overseeing the establishment of the...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Trending