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Collective Management Organisations

PRS for Music distributed £1.02 billion to rights holders in 2024, up 8.1% year-on-year

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British music rights society PRS for Music collected £1.15 billion (€1.37bn) in 2024, up by 6.1% compared to the previous year, and distributed a record £1.02 billion (€1.21bn) to rights holders, up 8.1% on 2023. "This milestone achievement over recent years has largely been achieved through a renewed commercial mindset and investment in data and technology infrastructure," said the London-based society in a statement.

PRS for Music's Andrea Czapary Martin,

The figures were disclosed at the ri...

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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

Merlin inks partnership with Pipeline

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Merlin, the digital music licensing society for independent labels and distributors, has sealed a partnership with Pipeline, the newly-launched provider of financing solutions for the independent music sector. Under this initiative, Pipeline will provide Merlin member companies with advances against digital royalties generated by Merlin. The service is entirely optional and non-exclusive, as participation in the programme does not prevent Merlin members from entering into financing or commercia...

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Collective Management Organisations

Todd Horvath named President and Chief Operating Officer at BMI

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US music rights society BMI has appointed Todd Horvath as President and Chief Operating Officer, effective January 26. Horvath will report to BMI CEO Mike O’Neill. In his new role, he will "oversee the company’s ongoing efforts to modernise its platforms, identify new sources of revenue and improve the affiliate experience at BMI." He will divide his time between BMI’s Nashville and New York offices.

"Horvath’s addition to the BMI leadership team will enable O’Neill, who recently extended hi...

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Collective Management Organisations

Australia’s Copyright Tribunal increases the rate for recordings paid by radio stations from 0.40% to 0.55% of gross revenue

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Australia's Copyright Tribunal has set a new rate for the use of sound recordings by commercial radio stations by increasing the current rate from 0.40% to 0.55% of gross industry revenue, a 38% rise. The measure is expected to bring in an additional A$1.5 million in neighbouring rights to rights holders. The new rate will be backdated to July 1, 2023. The new rate is the result of long, arduous and failed negotiations between neighbouring rights society Phonographic Performance Company of Aust...

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